{{primary_category}}
{{/primary_category}} 
This is what QSI have told Phil Hay after report of £120m Leeds takeover
It’s the story that won’t go away for Leeds United. A potential QSI takeover was making headlines again over the weekend, with the Daily Star claiming that Leeds were on the “brink” of a deal.
That would be £10m upfront now with a full £120m takeover if Leeds are promoted at the end of the season.
The report also claimed that Andrea Radrizzani would want £80m to buy the club outright now.
Athletic journalist Phil Hay did some poking of his own after the news broke and he had a less spectacular update.
He said that he had “been in touch with people at the QSI end. They say no change.”
been in touch with people at the QSI end. They say no change.
— Phil Hay (@PhilHay_) December 8, 2019
That means that while there is interest, there’s nothing imminent about to happen.
Subscribe to Football Insider TV now
A previous Times report had said that talks were ongoing between Radrizzani and QSI, while a story in L’Equipe had said both sides were a distance apart in terms of valuation.
A QSI source had told MOT Leeds News that the QSI chairman wants to buy more of Radrizzani’s 88% stake than he “is willing to let go”.
All of that means this story is likely to rumble on, with promotion to the Premier League likely to be the key that gets things moving.
The club’s value would soar in the top-flight, with expansion of Elland Road planned.
Leeds and West Brom both won over the weekend, making it six wins in a row for both clubs. They’re pulling away at the top of the Championship, with an eight-point gap back to Fulham in third.
Leeds play Hull City on Tuesday night.
In other Leeds United news, Big blow for Leeds as key first-team star ruled out of clash v Hull