Leeds have confirmed an settlement between Aser Ventures and 49ers Enterprises has been agreed for the sale of the membership.
Recent talks over the previous 24 hours imply Andrea Radrizzani will promote his majority stake at United and produce his six-year spell at Elland Highway to an finish.
Leeds suffered relegation of their third season again within the Premier League, failing to climb out of the underside three as a consequence of a string of poor performances beneath Jesse Marsch after which Sam Allardyce.
It can nonetheless take a couple of weeks for the takeover to be accomplished whereas EFL approval is sought – sure officers from the 49ers’ funding group must move the EFL’s Homeowners’ and DIrectors’ Check.
A press release reads: “Leeds United can affirm an settlement has been reached between Aser Ventures and 49ers Enterprises for the acquisition of the membership.
“Each events proceed to work by way of the small print, and additional updates can be supplied quickly.
“All of our focus stays on a fast return to the Premier League.
“Thanks in your continued assist.”
49ers Enterprises, who personal the San Francisco 49ers, purchased a 15% stake in Leeds in 2018 which elevated to 44% in 2021.
Radrizzani bought the membership outright in 2017 for £45m however his possession later dwindled to 56%.
Leeds are with no first staff supervisor following Allardyce’s departure and likewise want a alternative for Victor Orta who’s now not director of soccer after quitting final month.
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