The 49ers are set to formalise their ownership of Leeds in the coming days and weeks once the takeover deal is ratified by the English Football League and relevant individuals pass the Owners and Directors’ Test, set out in the EFL guidelines.
None of the 49ers’ core investors are expected to have any difficulty in passing the EFL checks, while Radrizzani is expected to relinquish control of all of his shares in the club, therefore Leeds will begin the new season at the start of August under a new regime.
A price in the region of £170 million has reportedly been agreed for the club, some way short of the £400 million figure discussed in 2021, should Leeds remain in the top flight.
As a Championship entity, even for one season, significant value has been wiped therefore 49ers Enterprises take control of the Whites at a discounted rate.
7. Birmingham City: £22m - May, 2023
American entrepreneur Tom Wagner reportedly took control of the Blues earlier this year for the princely sum of £22 million. (Photo by Matthew Lewis/Getty Images) Photo: Matthew Lewis
8. Crawley Town: £5m - April, 2022
Cryptocurrency traders WAGMI United completed their controversial purchase of the Sussex club last year. The team remain in League Two despite flirting with relegation to the National League last season. (Photo by Steve Bardens/Getty Images) Photo: Steve Bardens
9. Wrexham: £2m - February, 2021
Hollywood A-listers Rob McElhenney and Ryan Reynolds ventured into the world of football when they purchased Wrexham two years ago. Next season, the team will play in League Two after romping to promotion from non-league in 2022/23. (Photo by Jan Kruger/Getty Images) Photo: Jan Kruger