Leeds United chairman Andrea Radrizzani has allegedly withdrawn his interest in buying Inter Milan, after reports emerged last month claiming he was lining up a bid to purchase the Serie A club.
Radrizzani’s ASER Group currently hold a majority stake of 56% in Leeds, with the Italian widely expected to sell to San Francisco 49ers – who possess a 44% stake of the West Yorkshire club – at some point in the near future.
A deal currently exists with 49ers Enterprises, the business arm of the San Francisco 49ers, having the option to buy Radrizzani out by January 2024 at the latest.
It has been speculated that a purchase may happen as soon as this summer, but with the Whites’ Premier League future currently uncertain, it is unknown whether this would still remain the case.
The price of the club would undoubtedly drop significantly were Leeds to suffer relegation into the Championship at the end of the season.
Despite this uncertainty concerning his own financial future, Bloomberg reported last month that Radrizzani was considering a bid for Inter Milan.
Now, perhaps due to the fact that the Whites find themselves in a much more precarious league position than they were in this time last month, the Leeds chairman has reportedly withdrawn this interest in buying the Nerazzurri (as per Inter Live).
Radrizzani will no doubt be hoping that Sam Allardyce, appointed last week, will be able to repeat his famous ‘great escape’ act at Leeds, securing Leeds United’s top-flight status – and enhancing his own economic prospects – in the process.