“We have made significant investments to try keep Leeds United in the Premier League, but in working hard to improve the club, we have also obviously made some mistakes. “I am sincerely sorry for how this season has unfolded,” Radrizzani said. The Italian then apologised to Leeds fans for the season, without committing on who would control the club in the future. He has been working on a takeover of Sampdoria in his homeland, with the famous old club relegated from Serie A. Radrizzani was not in the stands when Leeds’s relegation was confirmed. Italian apologises to fans for relegationĪllardyce’s appointment for the last four games of the season was a desperate attempt to avoid relegation. But fans were upset at the board as they slipped down the table under Bielsa’s successor Jesse Marsch. He was responsible for appointing Marcelo Bielsa and eventually returning to the Premier League after a 16-year absence. The takeover would bring an end to a period under Radrizzani with significant highs and lows. Paraag Marathe, president of 49ers Enterprises, has been on the board at Leeds since 2018 and a takeover deal was put in place that was dependent on them staying in the Premier League, with the club valued at more than £400 million with top-flight status.Īfter Sam Allardyce was unable to save them from relegation, negotiations have taken place on a lower price. The Italian has been in talks with the American group – who already own a 44 per cent stake – to end his six-year reign, which included Premier League football returning to Elland Road.Ī breakthrough was made at the start of the week and the takeover could be confirmed before the weekend if the final part of the deal goes smoothly. Andrea Radrizzani, the Leeds United owner, is set to complete the club’s sale to 49ers Enterprises and there is confidence of the new owners being in place within a week.
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