49ers Enterprises have taken a huge step towards full control at Leeds United after agreeing terms with current majority shareholder Andrea Radrizzani. The club released a statement confirming the two parties had reached a takeover agreement after plenty of speculation following the Whites' relegation to the Championship.
Much of that speculation has been caused by the lack of voice from both parties in relation to a proposed takeover in the past year or so. The 49ers were reported to have a deadline of January 2024 to take over Leeds, but that move has been accelerated to this summer after a disappointing Premier League campaign.
Back in 2018, when the 49ers Enterprises first bought 15% of the club, vice-chairman Paraag Marathe was optimistic of the partnership but was hesitant to speak about the possibility of a full takeover. He said: "Professional sports is professional sports - you're trying to take smart ideas and apply them somewhere else to turn those teams into winners.