Kieran Maguire: 49ers could hike up Leeds price and 'flip' for quick 'profit' after £1bn claim
San Francisco 49ers may look to “flip” Leeds United for a profit after spotting the club’s potential and funding its improvement.
That is the view of finance expert Kieran Maguire, speaking exclusively to Football Insider about the 49ers’ most recent investment in the club.
The world-famous American football side now controls 44 per cent of the West Yorkshire outfit after the deal was confirmed on 5 November.
Andre Radrizzani and his investment vehicle Aser Ventures are in control of the remaining 56 per cent of the club’s equity.
In an accompanying statement, Leeds CEO Angus Kinnear revealed he was “delighted to see Aser and 49ers Enterprises strengthen their partnership”.
Radrizzani has spoken openly about his desire to transform Leeds into a European heavyweight and a £1billion-valued club.
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Maguire argues that it is possible that 49ers will share his ambition to hike the club’s price in order to sell it for a profit at a later date.
He told Football Insider correspondent Adam Williams: “The long-term issue is that, at some point in the future, they might be looking to flip the club.
“You see potential in something, you improve it, then you make a profit. But as yet, there’s no indication that this is the case.
“There are also certain synergies between 49ers and Leeds United that might see them reap the benefits of a longer-term relationship.
“They might see more value in that than through extracting profit through a sale. At this point, it’s not evident what their idea is.”