Radrizzani in advanced negotiation to sell Leeds
Leeds owner Andrea Radrizzani remains locked in advanced negotiations over a revised deal to sell the club to 49ers Enterprises after their relegation to the Championship.
The American group, who own NFL franchise the San Francisco 49ers, still want to purchase the remaining 56 per cent stake from Italian Radrizzani despite the drop – but not at the previously agreed price.
Radrizzani is understood to have flown to the US late last week to broker the terms on a new deal, with the previous price agreed only if they had stayed up.
He was not present at Leeds’ last game of the season on Sunday – a 4-1 home defeat to Tottenham at Elland Road that confirmed the relegation to the Sky Bet Championship.
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Two days later, the long-discussed takeover is hanging in the balance, with Radrizzani still deciding whether or not to pull the trigger on the sale.
Sources say it is still expected to be completed and, once it has, there is a plan in place for Radrizzani to oversee a transition period into the new ownership alongside chief executive Angus Kinnear.
Kinnear is also expected to stay on in his role at least until the end of the 2023-24 season, and top of the agenda for the new regime will be the appointments of a new head coach and sporting director.