Kieran Maguire: Leeds set for ‘record-breaking’ takeover after update – ‘huge’
Andrea Radrizzani is set to pocket a ‘huge’ profit from Leeds United this summer even if the club are relegated to the Championship.
That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the price tag of Leeds if they are relegated this season.
The 49ers Enterprises have a deal in place with Leeds chairman Radrizzani with an option to take full control of the club this summer.
The takeover deal is reportedly worth £420million if Leeds retain their spot in the Premier League, but the price is slashed to just £150million if they suffer relegation to the Championship according to the Daily Mail.
Radrizzani bought Leeds for £45million back in 2017 and is set to pick up a profit on his investment regardless of the club’s performance this season.
Maguire insists that the valuation of Leeds even in the event of relegation is because of their ‘stature’ in English football.
“If Leeds United are relegated and then sold for £150million to the 49ers then it would still constitute a record-breaking price paid for an EFL club,” Maguire told Football Insider.
“That is indicative of the stature of Leeds as a significant player in English football.
“While the owner would be disappointed with the price and fans would be disappointed with relegation, it’s hard to argue that Radrizzani could negotiate the fee any further.
“A sale of £150million still provides a huge profit from Radrizzani’s point of view.
“The club would benefit from three years of parachute payments to allow it to climatise to the Championship also.“
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