Connect with us

News

Takeover update: 49ers willing to wait till the end of the season

Leeds United and the 49ers Enterprises are on track for a collision course at Elland Road over numerous developments.

The proposed takeover of Leeds United could potentially stall as the buyers await the confirmation of Leeds’ Premier League status. The Whites sit in 16th place, just two points above relegation.

The 1-1 draw against Leicester City means Javi Gracia’s side are four games without a win, with an away trip to Bournemouth on Sunday looking like a make or break fixture. Finance expert Dan Plumley explains why the 49ers are hesitant to close the deal (exclusive by MOT Leeds):

“That’s where you lift it up and look at the bigger picture,”

“This is obviously happening here and now, and there are another two big factors in the mix, one is the takeover and one is the Premier League status of the club as we are speaking right now.

“All of those things are colliding as we know there are rumours behind the scenes that the 49ers are waiting to see where Leeds United are going to be before triggering that option, and this is not an incidental amount of money, it is manageable linked to this case.

“That has implications dependent on the league status and takeover of the club as well, it’s just another complexity in that chain of events that is going to lead to that takeover at whatever point.

“As always, it’s not just one item, there are bigger picture items at play in that mix.”

Click to comment
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Must See