The ownership group “49ers Enterprises”, which also owns the NFL team San Francisco 49ers, is taking over the English Premier League relegated Leeds United completely. Two NBA players are also involved. Leeds is talking about an ex-Bundesliga coach.

Leeds United are rebuilding after relegation from the Premier League. Also with the help of the owners of the NFL franchise San Francisco 49ers. Because the ownership group “49ers Enterprises” is now taking over the traditional club completely.

The two NBA players Larry Nance Jr. (New Orleans Pelicans) and T.J. McConnell (Indiana Pacers) are also joining as partial investors.

The acquisition of Leeds United was gradual, “49ers Enterprises” had started its investment in 2018 with only $13.6 million and 15 per cent of the shares. In 2021, the shares were increased to 44 per cent.

Purchase price is said to be 200 million euros

What the remaining 56 per cent has now cost has not been communicated. According to British media reports, the takeover price is said to be close to 200 million euros. The previous majority owner, Andrea Radrizzani, had bought the club in 2014 for only about 50 million euros.

“Both parties continue to work on the details and further information will be announced shortly,” the club said. “Our entire focus remains on a swift return to the Premier League. “

Daniel Farke takes over at Leeds?

Leeds will play in the second-tier Championship next season after being relegated from the Premier League. It is quite possible that an ex-Bundesliga coach will tackle the mission of promotion again. According to Bild, Daniel Farke, who was sacked after the season at Borussia Mönchengladbach, is a candidate at Leeds to take over from Sam Allardyce, whom the club parted company with after relegation.

For Farke, it would be a return. Between 2017 and 2021, Farke coached Norwich City, leading the club back to the Premier League twice in 2019 and 2021.