US group 49ers Enterprises to buy Leeds United
US-based 49ers Enterprises has reached an agreement with Leeds United owner Andrea Radrizzani to buy his shareholding in the English club.
Leeds announced the deal on Friday, which is awaiting approval from the Premier League, which will have to assess whether the new owners are suitable to join the league.
This process could take several weeks, as the Premier League revised these rules to prevent insolvent owners or owners whose funds come from irregular business dealings from entering the competition, at least in theory.