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Sunday, October 20

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Andrea Radrizzani: 'Leeds not actively seeking investment'

:Headline: Andrea Radrizzani: 'Leeds not actively seeking investment':ID:375232: from db_amp
The Italian previously claimed to have been approached "by more than 20 parties".
PA | 3d

Leeds owner Andrea Radrizzani has moved to clarify recent comments he made about possible major new investment in the club.

The Italian businessman revealed in an interview with The Times that he had been approached "by more than 20 parties" and that three of them were of particular interest.

In response to the article, published on Monday, Radrizzani has issued a further statement, claiming he is not actively seeking investment at this moment.

"Because of the job we have done in the last two or three years, we have attracted a lot of interest," said Radrizzani, who will be heavily involved in the club's centenary celebrations on Thursday.

"Obviously the club has modernised on a lot of levels, which is shown by our revenues, which have increased a lot to close to £50million.

"Our attendance is the top of the league, the club has modernised the media (department), we have partnerships with Amazon, Wish and Deliveroo – big corporate companies are starting to work with Leeds and before my arrival this was impossible even to think.

"We have to be proud of the club and the fact we are attractive to potential investors.

"When and if we will open discussions is completely is another story.

"It depends on the right moment, a moment where I believe we need support to build the club bigger than what we could do with our own resources."

Radrizzani, 45, said in his interview that the three potential investors he was interested in were Qatar Sports Investments and two unnamed parties – a "big fan of Leeds" based in America and an Italian club owner.

QSI, which controls Paris St Germain, is run by Radrizzani's friend Nasser Al-Khelaifi, who has worked closely with the Italian sports and media tycoon on several football TV rights deals.

Radrizzani, who bought Leeds from fellow Italian Massimo Cellino in December 2016, sold a 10 per cent stake in the club to 49ers Enterprises, the financial arm of NFL franchise the San Francisco 49ers, in May 2018.

Leeds, who are among the promotion favourites in the Sky Bet Championship this season under manager Marcelo Bielsa, are currently fifth in the table, two points behind leaders West Brom.

Radrizzani will launch Leeds' centenary celebrations on Thursday morning by unveiling a plaque at Salem Chapel, where the club were founded in 1919, following a commemorative service.

A civic reception in the club's honour will be held in the afternoon, followed by a city centre road show attended by both the club's men and women's first-team squads and a Night of Legends gala dinner in the evening.

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TeamPWDLFAGDPTS
1Liverpool98102171425
2Manchester CityMan City96122992019
3Leicester CityLeicester9522168817
4Chelsea95221914517
5Arsenal84311311215
6Crystal Palace9423810-214
7Tottenham HotspurSpurs93331513212
8Burnley93331211112
9Bournemouth93331313012
10West Ham UnitedWest Ham93331113-212
11Aston Villa93241513211
12Wolverhampton WanderersWolves92521212011
13Manchester UnitedMan Utd9243109110
14Everton9315813-510
15Sheffield UnitedSheff Utd82337709
16Brighton & Hove AlbionBrighton9234912-39
17Southampton9225916-78
18Newcastle UnitedNewcastle9225514-98
19Norwich CityNorwich92161021-117
20Watford9045521-164
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Championship Table
TeamPWDLFAGDPTS
1West Bromwich AlbionWest Brom127412213925
2Leeds UnitedLeeds12723167923
3Swansea CitySwansea126421710722
4Nottingham ForestNott'm Forest126421610622
5Queens Park RangersQPR127142121022
6Preston North EndPreston1263323131021
7Charlton AthleticCharlton126331812621
8Sheffield WednesdaySheff Weds126241710720
9Bristol City125521816220
10Fulham125432012819
11Cardiff CityCardiff124531717017
12Birmingham CityBirmingham125161115-416
13Brentford124351211115
14Blackburn RoversBlackburn124351517-215
15Derby CountyDerby123631518-315
16Luton TownLuton124261820-214
17Millwall123541217-514
18Wigan AthleticWigan124261016-614
19Hull City123451619-313
20Reading123271217-511
21Middlesbrough122461117-610
22Huddersfield TownHuddersfield122371420-69
23Stoke CityStoke122281322-98
24Barnsley12147923-147
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