Andrea Radrizzani sells Leeds United shares to 49ers Enterprises

Andrea Radrizzani, the Italian president of the British representative Leeds United, transferred all the shares of his club to his partner, the American consortium “49ers Enterprises”.

The failed result at Leeds United, which fell from the Premier League to the Championship at the end of the season, was blamed on Italian businessman Radrizzani, the club’s chairman and major shareholder.

In the statement made by the club, it was indicated that an agreement was reached to transfer all of Raddizzani’s shares to his junior partner 49ers Enterprises.

According to the news in the British press, the consortium owned by the San Francisco 49ers, one of the teams in the American Football League (NFL), will pay the 48-year-old businessman 170 million pounds sterling for 56 percent of the club that owns Radrizzani. .

Andrea Radrizzani bought all of the club’s shares for £45m in 2017. 49ers Enterprises, which partnered with the Italian businessman by buying 15 per cent of the club’s shares in 2018, increased this rate to 44 per cent for 2021. .

Radrizzani faced prolonged protests from the stands after the team was relegated from the league. The audience group called the “Leeds United Supporters Club” issued a statement saying Radrizzani was unfit to manage Leeds United and calling on the Italian businessman to sever his relationship with the club. (AA)