• Loading stock data...
Saturday, May 4, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Leeds Owner Could Sell Team to 49ers, Buy Inter Milan

  • The owner of Premier League club Leeds United could sell that team to 49ers Enterprises and bid for Inter Milan.
  • The sale of Leeds is contingent on the club remaining in the Premier League and avoiding relegation.
Inter-Milan players celebrate.
Inter Milan

The sale of a Serie A team could have a domino effect on the San Francisco 49ers.

Milan native Andrea Radrizzani is considering a bid for Inter Milan at an estimated value of $1.1 billion, according to Bloomberg. Radrizzani owns 56% of Premier League club Leeds through his Aser Ventures, and a bid for Inter Milan could be contingent on selling his stake in Leeds.

The likely buyer in that scenario would be 49ers Enterprises, the investment arm of the NFL team, which already owns 44% of Leeds. 

Leeds’ value could be impacted by its performance on the pitch. A poor finish could put Leeds in line for relegation, which would severely cut into its revenue from media rights and other sources. 

The 49ers have an option to purchase all of Leeds that expires in January 2024. A demotion to the EFL Championship would likely end any possibility of a deal.

NWSL has three teams up for sale.

OL Reign Becomes Third NWSL Club Currently For Sale

USWNT star Rose Lavelle plays for the OL Reign.
April 14, 2023

International Bidding War

Should Radrizzani bid for Inter, which is owned by Suning Holdings Group, he will likely have competition. A previous report said that a U.S.-based group of investors was close to a deal. Another group from Bahrain could also make a bid.

Inter has faced issues with debts and player salaries, according to Bloomberg.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
March 14, 2024

Chiefs’ President Threatens Team Could Leave Kansas City If Voters Don’t Give It Money

The Hunt family’s cheapness continues to show after Super Bowl title.
March 25, 2024

Tony Clark Appears to Be Winning Fight Over Baseball’s Union

Some players had recently called for the removal of Clark’s top negotiator.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
IRS
February 15, 2024

IRS to Start Auditing Sports Owners

Audit increase comes with the agency’s increased enforcement budget.
Theo Epstein
February 2, 2024

Theo Epstein Returns Home, Joins Fenway Sports Group

The 50-year-old will serve as a senior adviser to the ownership group.
January 24, 2024

Former Tottenham Owner Pleads Guilty to Insider Trading Charges

Tottenham is worth $2.8 billion and owned by Lewis’s family trust.
Mark Cuban and Dallas Mavericks.
November 28, 2023

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.