Tuesday October 3, 2023

49ers Enterprises Set for Full Takeover of Premier League Club

  • The 49ers' investment arm is set to buy all of Leeds United.
  • The team already owns a 44% stake in the Premier League club.
Leeds-United
Leeds United
Front Office Sports Today

NBC Could Get In On College Football Playoffs

NBC is exploring broadcasting a slice of the expanded CFP in 2026.
Listen Now
October 3, 2023 | Podcast
Linkedin
Copy Link
Link Copied
Link Copied

The San Francisco 49ers’ investment vehicle is making big moves across the pond.

49ers Enterprises is set to buy all of Premier League club Leeds United at a reported valuation of up to $558.1 million after securing sufficient funds to increase its stake.

  • The team was bought by Andrea Radrizzani for $51.7 million in 2017. Leeds was in the second-tier EFL Championship league at the time and was promoted to the Premier League for the 2020-21 season.
  • The 49ers took a 15% stake in 2018 for a reported $11.8 million. Their stake grew to 37% in January 2021 and up to 44% the following November.
  • 49ers Enterprises holds an option to buy 100% of the team that expires in January 2024. The transaction could be completed before then, and Radrizzani may retain a small stake.

The deal will also include Leeds’ century-old Elland Road stadium.

Promotion and a Raise

Leeds’ promotion to the Premier League had a bigger effect on its profits than the pandemic.

The team banked a $30.6 million profit in 2020-21, despite playing the entire season in empty stadiums, compared to a $72.8 million loss the previous season.

Leeds received $162.8 million in league distributions in 2020-21 and $133.9 million the following season.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

Tiger's TGL Continues To Gain Investors And Attract Big Business

The virtual league will play at the 2,000-seat SoFi Center.

Ballmer Nears Decade-Long Reign As Richest Sports Owner

New team owners are unable crack list after setting records
Los Angeles Clippers owner Steve Ballmer stands court side before the game against the Golden State Warriors Chase Center.

The 20 Richest American Sports Team Owners for 2023

LA Clippers owner Steve Ballmer is first for a ninth straight year.
A view of Manchester United stadium, Old Trafford

Manchester United Bidder Ratcliffe May Shift Focus To Minority Stake

The British billionaire had been seeking full control of the club.
podcast thumbnail mobile
Front Office Sports Today

NBC Could Get In On College Football Playoffs

0:00
0:00

Featured Today

An advocacy group is filing an NLRB case against the Ivy League over athlete compensation.

Advocacy Group Files Federal Labor Charge Against Ivy League

It’s the latest in a flurry of NLRB cases over amateurism.
The Colorado Buffaloes played in the most-watched game of Week 5.
October 3, 2023

Colorado Ratings Bonanza Continues Despite Two Consecutive Losses

The Buffs’ least-watched game this season was still the most-watched this week.
Football analyst and PFF investor Chris Collinsworth talks to man in front of computers
October 3, 2023

Cris Collinsworth 'Lost a Lot of Sleep' Over Pro Football Focus Leadership Issues

New book details why it’s no longer a “happy place to work.”
NBC is interested in media rights to the expanded College Football Playoff.
exclusive
October 2, 2023

NBC Is Interested in Expanded College Football Playoff Media Rights

NBC is one of the networks pitching the CFP, a source confirmed.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
Chicago
Fanatics
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations

EA Rewarded For Decision To Split With FIFA

Company sees strong uptick in pre-release sales activity
A view of the Charlotte Hornets jersey with new jersey patch sponsor Feastables.
October 2, 2023

MrBeast Lands The First Creator-Led Brand Jersey Patch

Feastables will be the Charlotte Hornets’ official jersey patch sponsor.
Liverpool players celebrate after a goal.
September 28, 2023

FSG Sells $200M Liverpool Stake To Private Equity Firm

New York-based private equity firm makes its first deal
BioSteel
September 28, 2023

BioSteel Bankruptcy Shows Perils of Costly Sports Partnerships

BioSteel spent heavily on partnerships deals before bankruptcy.
WWE-Wrestling-Ring
September 26, 2023

Panini Picks Up Legal Win, Will Still Make WWE Trading Cards

New York judge denies WWE's bid for restraining order
September 25, 2023

Hollywood Writers' Deal Would Boost Sports Networks and Agencies

Several major sports media entities, talent agencies exposed to strike's effects
September 21, 2023

TKO Makes First Big Move After WWE-UFC Merger

Investors drop TKO shares by 15% following SmackDown rights deal
Deion Sanders
September 19, 2023

Deion Sanders' Sunglass Tiff Nets Eyewear Company Nearly $4.5 Million

Sanders has Midas touch for sunglasses sponsor Blenders.