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Tuesday, June 25, 2024
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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

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.

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