Buttons need to be pushed and 49ers Enterprises becomes Leeds United’s new majority shareholder. That’s where we understand the club’s takeover situation to be.
It is no secret this is the direction a takeover has been travelling ever since the San Francisco 49ers’ investment arm took control of its first 15 per cent in May 2018. Paraag Marathe showed up in town for the first time that spring and took a seat on the board of directors at Elland Road.
Marathe and the NFL franchise would watch from afar as Marcelo Bielsa took the Whites through play-off pain and the Championship title before cementing their place in the Premier League. Halfway through that first top-flight campaign, the Americans would swoop again.
