Leeds United majority owner Andrea Radrizzani agreed on Friday to sell his stake in the club to 49ers Enterprises, the investment arm of the NFL’s San Francisco 49ers. 49er Enterprises has held a stake in the English soccer club since May 2018.
Since first investing in the club, the San Francisco 49ers owners have consistently grown their stake in the club, emerging as a 44% owner while Radrizzani’s Aser Ventures retained the remaining 56%.
Radrizzani’s decision to part ways with Leeds United comes after he and his partner Matteo Manfredi purchased the Italian club Sampdoria, which was relegated from the Serie A this season.
Now, 49ers Enterprises faces the stern task of guiding Leeds United back into the Premier League after the club’s relegation from the English top flight this season. “All of our focus remains on a quick return to the Premier League,” the group said in a public statement following the conclusion of the deal.
