Looks like takeover is going ahead.
https://www.leedsunited.news/news/report-leeds-takeover-close-to-completion-after-monday-talks-club-valued-at-170m/
I was delighted when Cellino sold to Radz. But not now.
In a year or 2 from now how will we be feeling about the 49ers takeover?
Could be great could be awful I just don't know.
More Good News?
posted on 6/6/23
Doubt they will want to rot in the Championship. Hopefully will throw some money about and get us back up asap.
posted on 6/6/23
comment by HaveFaithInLeeds (U8688)
posted 2 hours, 20 minutes ago
comment by steross17 (U6898)
posted 19 minutes ago
Is that £170m total value of club, or just for the 56% owned by Radz?
----------------------------------------------------------------------
Total Value
----------------------------------------------------------------------
Wow! That’s a massive drop from the £400m+ we kept hearing about. So only £95m or so to takeover.
posted on 6/6/23
comment by steross17 (U6898)
posted 53 seconds ago
comment by HaveFaithInLeeds (U8688)
posted 2 hours, 20 minutes ago
comment by steross17 (U6898)
posted 19 minutes ago
Is that £170m total value of club, or just for the 56% owned by Radz?
----------------------------------------------------------------------
Total Value
----------------------------------------------------------------------
Wow! That’s a massive drop from the £400m+ we kept hearing about. So only £95m or so to takeover.
----------------------------------------------------------------------
I'll be surprised if Radz hasn't included some clause whereby if Leeds are promoted next year then he gets an extra £50 million.
posted on 7/6/23
Does anyone know if Elland Road is part of the deal, or are we going to be leasing it off Radz for 1.7 million a year?
posted on 7/6/23
"Macca: Emily Bronte's lovechild (U8194)
posted 2 hours, 5 minutes ago
comment by steross17 (U6898)
posted 53 seconds ago
comment by HaveFaithInLeeds (U8688)
posted 2 hours, 20 minutes ago
comment by steross17 (U6898)
posted 19 minutes ago
Is that £170m total value of club, or just for the 56% owned by Radz?
----------------------------------------------------------------------
Total Value
----------------------------------------------------------------------
Wow! That’s a massive drop from the £400m+ we kept hearing about. So only £95m or so to takeover.
----------------------------------------------------------------------
I'll be surprised if Radz hasn't included some clause whereby if Leeds are promoted next year then he gets an extra £50 million."
And I'll be surprised if that is without the money they've already invested!..
But, forget not, Championship money is a little less then Premiership!..
"My favorite Marschian (U19827)
posted 4 minutes ago
Does anyone know if Elland Road is part of the deal, or are we going to be leasing it off Radz for 1.7 million a year?"
The 49er's have said they want Elland Road in the deal, without it doesn't go!..
posted on 7/6/23
comment by My favorite Marschian (U19827)
posted 29 minutes ago
Does anyone know if Elland Road is part of the deal, or are we going to be leasing it off Radz for 1.7 million a year?
^^^
Reports saying it's a full 'fck off radz' deal
and that ER is included in the deal.
posted on 7/6/23
The stadium in a different company was made out to be a bigger issue than it was. No one was ever going to buy the club without it being included in the deal. Would be like buying a house but letting them keep the access to the driveway.
What AR did with offering the stadium as security was a joke and fortunately the joint ownership stopped that happening, but he could have done the same thing had the stadium been in the same company if he owned all of Leeds United.
Anyway, let’s hope things are going to be better now.
posted on 7/6/23
comment by steross17 (U6898)
posted 7 hours, 39 minutes ago
comment by HaveFaithInLeeds (U8688)
posted 2 hours, 20 minutes ago
comment by steross17 (U6898)
posted 19 minutes ago
Is that £170m total value of club, or just for the 56% owned by Radz?
----------------------------------------------------------------------
Total Value
----------------------------------------------------------------------
Wow! That’s a massive drop from the £400m+ we kept hearing about. So only £95m or so to takeover.
----------------------------------------------------------------------
I’m not sure how much he has sold the previous shares for either. But I estimate he’s already received around £100m. I think he’ll be fine.
posted on 7/6/23
Even more good news. Firpo says he's keen on a new experience. Pretty much saying he's off.
posted on 7/6/23
Good news indeed, if true. I'd be glad to see the back of Firpo. Mind you, I feel the same about two-thirds of this effin' useless squad.