Report: Leeds United makes Vital announcement as Exit Confirmed

Leeds United: Fresh Max Wober, Rasmus Kristensen transfer update issued
Leeds United: Fresh Max Wober, Rasmus Kristensen transfer update issued

Report: Leeds United makes Vital announcement as Exit Confirmed

Report: Leeds United makes Vital announcement as Exit Confirmed

After making contentious selections in the past, the 49ers now have a test to make sure this

summer window goes as smoothly as possible.

Nonetheless, they have a great opportunity to set Leeds as a team up for success and a very bright future.

Andrea Radrizzani took steps to bring Elland Road’s ownership back closer to the club’s control before the 49ers completed the job,

as the statement explains. On Wednesday evening, confirmation surfaced that the club is now the only owner of Elland Road.

The club shared the news on social media. This comes after the stadium was sold in 2004 due to financial difficulties as the club entered

serious trouble while falling out of the Premier League, eventually on the verge of insolvency.

“In 2017, Leeds United Football Club Limited’s parent company, Greenfield Investment Pte Ltd, an Aser Group firm, acquired Elland Road.

“After a new business was formed, Elland Road Limited became the new owner of the stadium in December 2020.

“Eland Road Limited and Leeds United Football Club Limited came under the complete management of 49ers

Enterprises Global Football Group LLC in July of 2023.

Report: Leeds United makes Vital announcement as Exit Confirmed
Report: Leeds United makes Vital announcement as Exit Confirmed

Leeds United Football Club Limited acquired control of Elland Road Limited on March 27, 2024. For the first time since 2004,

Elland Road Stadium is now fully under the club’s hands thanks to this deal.

Angus Kinnear discussed the news and expressed how happy he was to get such  an important deal in place:

“Whilst this may seem like only a subtle change in corporate structure, I know that our supporters will

understand its broader significance in signalling our ownership’s intent that Leeds United and Elland Road should always be inextricably bound.”

Selling the stadium affected the club a lot in 2004, even if it could have been thought necessary to stop us from going under.

Since then, potential owners have had to deal with it; although Radrizzani appeared to be the person to put a stop to it,

his attempts to use the stadium as security for a loan last summer suggested otherwise.

The stadium is now exclusively owned by the club and those who own us; they come and go more frequently than most.

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