Kieran Maguire: 49ers may be set for huge Leeds deal after big development
The San Francisco 49ers may further increase their stake in Leeds United with another mega investment amid a key financial fair play update.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Gazzetta dello Sport reported that Uefa is considering replacing FFP rules with a more relaxed system in terms of spending.
Under current Uefa rules, club losses of £3.9million are permitted per three-year assessment period, increasing to £35m if the shortfall is covered by an owner.
Critics have attacked FFP for setting a limit on clubs’ ambitions and, by extension, ringfencing wealth in the hands of a select few.
Maguire explained that Andrea Radrizzani himself is unlikely to sanction huge spending but Leeds could profit from other investors who spy an opportunity.
He told Football Insider correspondent Adam Williams: “Leeds have done remarkably well on relatively modest spending because they have relatively had a good team in the Championship.
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“Radrizzani has a limited amount of wealth compared to the likes of Abramovich and so FFP being lifted wouldn’t hugely benefit them.
“However, Leeds are an attractive proposition to investors and it could be that Radrizzani could sell off some more shares in the club. We’ve seen the investment from San Francisco 49ers and they could be looking at more of a finance-based model in terms of club development.
“You could now have alternative investors who might have been wary of investing in a club with the stature of Leeds because they know that it comes with a limit in player-based spending as a result of FFP.
“They are a very interesting investment opportunity and this increases the appeal.”
San Francisco 49ers increased their stake in Leeds from 15 per cent to 37 per cent in January.
The Times report that the deal was worth £50million.