Kieran Maguire: Andrea Radrizzani may have secret 'agreement' with 49ers amid Leeds United latest
Andrea Radrizzani may have an “earnout agreement” in place with the San Franciso 49ers for the future sale of Leeds United.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the latest from behind the scenes at Elland Road.
The 49ers, one of the NFL’s most prominent American football outfits, first bought into Leeds in 2018 and have steadily increased their stake in the club to 44 per cent.
They reportedly have an agreement in place to take full control of the club, which would involve buying Andrea Radrizzani’s equity, by 2024.
Speaking on The Phil Hay Show last Monday (24 October), Hay, The Athletic’s chief Leeds writer claimed: “There’s no mad rush, but it’s always confused me slightly as to why they don’t want to get their teeth into this properly, and why they didn’t want to take it on at the high water mark.
Maguire claims that a full takeover might be contingent on an earnout agreement, a contractual provision which dictates that the seller is entitled to future compensation, usually dependent on the business’s earnings.
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“The 49ers are bearing their time when it comes to any potential acquisition of Leeds,” he told Football Insider’s Adam Williams.
“They are waiting to see how the clubs beds in as far as its contribution to the Premier League is concerned.
“There are probably some earnout agreement that they have with Radrizzani which will help to determine the price ultimately paid.
“The 49ers are prepared to be patient. If they have got a fixed price already agreed upon then there is no downside from their point of view in awaiting further developments.“