The San Francisco 49ers have spent two years as 'passengers' aboard Leeds United's flight to the Premier League but now they want to help Andrea Radrizzani to fly the plane. "This is a club that has every opportunity to become one of the big contenders year in, year out in the Premier League. It is understood there is no timetable set for talks about the purchasing of an increased stake. Marathe has made no secret of the 49ers desire to increase their share and has previously said: "It's something that we are absolutely hoping to do. They want to bring the glory days back to Elland Road and will begin by adding to their 10 per cent holding. Bet €10, Get €30 in Free Bets + €10 Casino Bonus, T&Cs: Minimum deposit of €10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least €10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager bonus amount x40 within 14 days • Wagering req. The Whites ended 16 years … We are hoping that comes to fruition. The San Francisco 49ers are set to increase their minority stake in Leeds United with owner Andreas Radrizzani welcoming the move as he looks for fresh investment in the Premier League club. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Comments are subject to our community guidelines, which can be viewed, New investment may help boss Marcelo Bielsa go on a spending spree, helping to make moments like their equaliser against Manchester City commonplace, The San Francisco 49ers may hope to bring some of their glitz and glamour to the Premier League, Andrea Radrizzani had previously welcomed investment into the club, Manager Marcelo Bielsa got Leeds promoted at the second time of asking, 49ers boss Paraag Marathe has signalled his intent for Leeds, Tony Cascarino lauds ‘influential’ Leeds manager Marcelo Bielsa and backs Championship winners to do well in Premier League, Independent Press Standards Organisation (IPSO). “Leeds fans have been through so much in the last 16 years - this is for them,” says Whites star Stuart Dallas, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Download the talkSPORT app NOW – the best way to listen live. "All the ingredients are there. According to the New York Times, the 49ers want to buy a larger share of the club after purchasing a 10% stake back in 2018. Speaking to NBC Sports, 49ers president Paraag Marathe said: "We want to get more involved. We just have to deliver.". Family members dead after horror shooting in Kanturk, Cork, named & pictured, Ryan Andrews completely transforms Dublin home as carpet and flooring put down, Further 939 cases of Covid-19 confirmed and three additional deaths, Dad turns home into winter wonderland with The Range bargains & divides opinion, Jack P Shepherd girlfriend defends him as troll accuses him of abandoning son, ©News Group Newspapers Limited in England No. We are not flying the plane by any means. He is constantly in touch with Radrizzani and plays an active role at the club. We want to drive more value on and off the pitch and use the 49ers expertise. He added: "The sky's the limit for Leeds. Marathe spent 20 years with the 49ers before switching his focus to Leeds, where he has helped the club return to the Premier League after 16 years outside of the top-flight. Telegraph Sport understands negotiations are likely to progress smoothly and the 49ers are confident they will reach an agreement that will increase their 10 percent stake. "We want to help more. Leeds Leeds Leeds Podcast. The businessman is said to be acutely aware of the investment opportunities which will come with newfound Premier League status. Speaking to NBC Sports, 49ers president Paraag Marathe said: "We want to get more involved. Promotion at Bielsa’s second attempt marked the end of a 16-year absence from the Premier League. Owner Radrizzani says he has rejected takeover offers in recent weeks but is open to selling a minority stake for up to £300m.He took over the club in 2017 and appointed Argentine Bielsa as manager a year later. This service is provided on talkSPORT Ltd's Terms of Use in accordance with our Privacy Policy. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. The Whites ended 16 years of pain to win the Championship and secure a return to the top flight and it seems they could get a huge cash injection. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. THE owners of NFL team San Francisco 49ers are making a bid to increase their stake in Leeds United after their promotion. We are not flying the plane by any means. The San Francisco 49ers are set to increase their minority stake in Leeds United with owner Andreas Radrizzani welcoming the move as he looks for fresh investment in the Premier League club. NFL side San Francisco 49ers are hoping to increase their stake in Leeds United following their promotion to the Premier League. However, the deal is not designed to allow the 49ers to take full control, with Radrizzani keeping his majority stake, as well as responsibility for the day to day running of the business. The journey isn't concluded. The prospect of the 49ers increasing their stake in Leeds comes after other NFL teams have invested heavily in the Premier League. Bosses at the NFL outfit are desperate to take on a … But a lack of fans at its 38,000-seater stadium has already caused losses of almost £40m. "Right now we are passengers on their plane. The 49ers paid £11million for a 10 per cent stake in the club in 2018 and already have execs on the board. Leeds owner Andrea Radrizzani welcomed the idea of an influx of investment from last season’s Super Bowl finalists. To see all content on The Sun, please use the Site Map. Manchester United's Glazer family own Tampa Bay Buccaneers, while Arsenal's Stan Kroenke has the LA Rams. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Leeds United Is the San Francisco 49ers investment a step change in approach from Andrea Radrizzani, asks Jon Howe? According to reports, the NFL franchise have invested £10 million in Leeds… The 49ers paid £11million for a 10 percent stake back in 2018 and already have executives on the board, including Marathe, who has become a close friend of Radrizzani. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. NFL side San Francisco 49ers are hoping to increase their stake in Leeds United following their promotion to the Premier League. So we will need to add on I think.”. Radrizzani bought the club from Massimo Cellino in 2017 and the following year entered into a ‘strategic partnership’ with the 49ers, in which the US franchise would share business practices, while also purchasing the aforementioned 10% stake. Asked whether further outside investment in the club was likely, Radrizzani told Sky Sports: “Yes definitely. The club can expect to make £100m in revenue this season, largely thanks to broadcast deals. To inquire about a licence to reproduce material, visit our Syndication site. Fulham's Shahid Khan is owner of Jacksonville Jaguars in the NFL. However, the Italian admitted he would like to remain in charge at Elland Road for another decade at least. Instead, the money will be used to help stabilise Leeds’s finances and help fund the construction of a new training ground complex on land adjacent to Elland Road. To some extent we want to help him fly the plane a little bit more.". For other inquiries Contact Us. THE San Francisco 49ers are preparing to increase their minority stake in Leeds United, we can reveal. "They have the fanhood, they have the stadium for it, they have the geography as a one club city. THE San Francisco 49ers are preparing to increase their minority stake in Leeds United, we can reveal. Leeds United enter a partnership with 49ers Enterprises, the investment entity behind NFL giants San Francisco 49ers. Leeds owner Andrea Radrizzani has welcomed further investment into the club from the owners of the NFL's San Francisco 49ers, but insists he wants to remain at the helm for at least another 10 years. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. "We want to become bigger partners with Andrea. Bosses at the NFL outfit are desperate to take on a bigger role at the Premier League new boys. Marathe has 20 years at the 49ers and when they bought a stake in Leeds he was instantly put on the board to become the linkman. We are hoping that comes to fruition. Listen to our Leeds United podcast as we discuss Heckingbottom's future, 49ers investment and transfers. The Italian, who also owns broadcaster Eleven Sports, said investors were lining up to back his plans for Leeds. “Also because unfortunately… obviously we are happy, we enjoy the fantastic success we have achieved, but we have done it in a particular year that the impact of COVID is hitting the club financially. An investment entity affiliated with the San Francisco 49ers, 49ers Enterprises, announced on Thursday a strategic partnership with English Soccer Club Leeds United. It is estimated Leeds will miss out on around £40m worth of income through lost gate receipts, and other sources of matchday revenue, because of the absence of supporters at Elland Road during the Covid-19 pandemic. vary by game • Deposit methods, Withdrawal restrictions and Full T&C’s apply 18+ Begambleaware.org, "We want to become bigger partners with Andrea (Radrizzani, Leeds owner). It's just beginning.". Like us on Facebook to see similar stories, Coronavirus outbreak at meat processing factory sees 140 test positive, Prince Harry and Duchess Meghan's charity is 'already an operating organisation', Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article, Dentists Say This Little-Known Trick Will Easily Fix Bad Breath Forever, Do This To Permanently Fix Bad Posture (And Ease Back Pain), How This Device Fixes Your Slow WiFi In 4.2 Minutes. “So we will need additional investment to be competitive and to continue our project, and maintain the league. The Whites returned … This is not a club where we made it to the Premier League and we are barely trying to hang on by the laces of our shoes. To some extent we want to help him fly the plane a little bit more.”. If they increase their stake it could mean a massive a war chest being made available for boss Marcelo Bielsa to go on a spending spree. Leeds United have sold a minority stake in the Championship club to the San Francisco 49ers' investment group. "We want to help more. They include Marathe who is good pals with owner Andrea Radrizzani. View our online Press Pack. Leeds United could begin their first season back in the Premier League in 16 years under new ownership, amid interest in a takeover by the owners of NFL franchise San Francisco 49ers. We want to drive more value on and off the pitch and use the 49ers expertise. Right now we are passengers on their plane.

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