• Loading stock data...
Monday, December 9, 2024
Tune in on Dec. 11 at 1:05 p.m. ET for our last Future of Sports virtual summit of the year – Future of Sports: Marketing! Register Now

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

Kyle Shanahan

Kyle Shanahan Dismisses Trade Rumors That Would Put Him in Elite Company

Shanahan said after Sunday’s game he doesn’t want to be traded away.
Oct 26, 2024; Los Angeles, California, USA; New York Yankees outfielder Juan Soto (22) reacts after hitting a home run against the Los Angeles Dodgers in the third inning for game two of the 2024 MLB World Series at Dodger Stadium.

Juan Soto’s $700M Question Looms Over MLB Winter Meetings

Soto, Hall of Fame picks, and the draft lottery highlight the gathering.
Sponsored

Racing Forward: How SailGP is Redefining High-Performance Sailing and Championing Gender Equality

SailGP is redefining high-performance sailing through their bold commitment to gender equality and their Women’s Performance Program.

Rays Reversal: St. Pete Approves $287M Stadium Bond Package

The approval gives the embattled project a big dose of resurgent energy.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders general manager Adam Peters (L) talks with Commanders owner Josh Harris (R) on the field prior to the game against the Tennessee Titans at Northwest Stadium.

CEO Leaves $13 Billion Soup Company to Run Commanders

The new president will lead the planning and development of the team’s stadium.
November 15, 2024

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
LPGA Commissioner Mollie Marcoux Samaan after the final round of golf during the CME Group Tour Championship at the Tiburon Golf Club in Naples, Fla., Sunday, November 19, 2023.
December 2, 2024

LPGA Commissioner Leaving After Brief Up-and-Down Tenure

Mollie Marcoux Samaan was hired in 2021.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.
May 22, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks during game one of the western conference finals for the 2024 NBA playoffs at Target Center.
October 23, 2024

A-Rod, Lore Deposit $940M As Wolves Ownership Hearing Nears

Rodriguez and Lore made a large escrow deposit in advance of a key upcoming arbitration hearing.
October 22, 2024

Dude Perfect CEO’s Task: Make the Dudes a Media Company

Dude Perfect’s new CEO wants fans to be able to experience the brand in person.
Feb 13, 2023; Beverly Hills, CA, USA; Disney CEO Bob Iger arrives at the 95th Oscars nominees luncheon at the Beverly Hilton in Beverly Hills, Calif. on Monday, Feb. 13, 2023.
October 21, 2024

Bob Iger’s Successor Won’t Be Named Until 2026

Iger’s current contract expires at the end of 2026.