Andrea Radrizzani has big plans for Leeds United.
As quoted by Financial Times Live on Thursday, the Leeds owner said that he is hoping the Whites can become “worth more than one billion” in the future.
Radrizzani also mooted plans to build a new stadium for the West Yorkshire club. He said that the huge valuation could be hit “with a new stadium, increased revenue and a solid place in the Premier League.”
— Financial Times Live (@ftlive) February 18, 2021
Athletic journalist Matt Slater reported that Radrizzani’s aiming for that to happen in the next five to seven years.
Leeds chairman Andrea Radrizzani tells #FTFootball he’d love to have made money 10/12 seasons in Championship. But he’s only looking ahead now. Says he bought #LUFC for £100m in 2017. 49ers’ latest investment values club at £300m. In 5-7 years (w/ a new stadium)? £1bn.
— Matt Slater (@mjshrimper) February 18, 2021
Radrizzani has been an absolute blessing to us Leeds fans.
Since he bought the club off Massimo Cellino in 2017, the club has been on an upward trajectory to the point where we’ve talked about mounting a bid to to qualify for Europe this season.
Leeds were a mid-table Championship club when he took charge but the arrival of Victor Orta as director of football and, a year later, Marcelo Bielsa’s appointment as the manager have changed the landscape of football in West Yorkshire.
And that could be applied in a literal sense in the future amid talk about a possible new stadium being built within the next decade.
Elland Road is our spiritual home so we wouldn’t like to relocate anywhere else in Leeds if a new stadium is built. However, we wouldn’t be against the idea of a new ground to play in, especially as Elland Road is starting to look a bit worse for wear in some areas.
For now, the new floodlights will do but further plans to expand the stadium might be put on hold or scrapped altogether based on Radrizzani’s latest reveal.
In other Leeds United news, Leeds blew Leicester out the water to sign this player thanks to Victor Orta.