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Beren Cross

Andrea Radrizzani finds breakthrough in takeover talks while Leeds United suspense rumbles on

Andrea Radrizzani is one step closer to owning Sampdoria after a breakthrough in takeover talks with the current administration today, according to widespread reports in Italy. The Leeds United chairman and his business partner Matteo Manfredi have reportedly agreed on a financial package with existing owner Massimo Ferrero today.

News outlet Milano Finanza has published quotes from Ferrero tonight. "I give in and come away with broken bones, especially with regard to my Roman concordats because I'm left with nothing in hand, but I do it for the people and I'm happy to save jobs,” he said.

Genoa newspaper Il Secolo XIX reports: “It was a long, exhausting afternoon of negotiations in Milan. On one side Matteo Manfredi of Gestio Capital, on the other Gianluca Vidal and Massimo Ferrero, but a few minutes ago the good news finally arrived: the board of directors (president Lanna, vice president Romei and directors Panconi and Bosco) received the mandate to proceed with the capital increase which was unanimously approved at 9.20pm.

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