Fresh investment in Leeds United could provide the funds for a blockbuster signing spree.
That is according to ex-Arsenal striker Kevin Campbell, speaking exclusively to Football Insider about intriguing financial developments at the Premier League club.
The San Francisco 49ers have opened a new Venture Capital Fund called ‘Leeds II’ amid reports they are planning to increase their stake in the Yorkshire giants.
The billionaire-owned group bought their existing stake of around 12% of United in 2018 from a fund called ‘Leeds I’.
Campbell hailed the partnership as a gamechanger for Leeds and dubbed the 49ers as one of the biggest and most coveted franchises in American football.
“We have seen these kind of investments go two ways,” the former striker told Football Insider. “They can go really well or pear-shaped but we are talking about one of the story franchises of the NFL.
“They are looking to increase their stake in Leeds and it would be great to see them invest.
“If they are looking to up the recruitment it would be fantastic. However, it remains to be seen whether that would be their plan.”
Leeds spent nearly £100million on new signings in the last window following their historic return to the Premier League after 16 years.
Owner Andrea Radrizzani invested heavily in the squad as the club cashed in on the massive broadcasting deal for top-flight clubs, although the Helder Costa £15m deal had already been put in place a year earlier.