Leeds owner Andrea Radrizzani has revealed to The Times that he has had multiple offers for investment in Leeds and has whittled down the contenders to just three.

Radrizzani has made it no secret that he is open to outside investment to help Leeds achieve its goals, with PSG’s mega-rich owners, Qatari Sports Investment, being long-time admirers and close friends to the Leeds owner.

The Italian businessman has stated that alongside an offer from QSI, Leeds have had around 20 offers, which he has narrowed down to three.

“The second is based in America, he’s a big fan of Leeds United since he was a child, and I like that,” Radrizzani claims.

“Another one is the owner of an Italian club. With another club you can create synergy to be more competitive and to target the Premier League — we could maybe get a loan to increase the quality of the team.”

With on-going speculation around future investment constantly at Elland Road, there are bound to be noticeable effects consequently. Here we take a look at three knock-on effects that the Radrizzani update will have on Leeds United...

Speculation stimulates the growth of interest from suitors

With Radrizzani confirming interest from multiple suitors, it shows us that Leeds United is a much sought-after opportunity. He revealed that around 20 offers had come in for investment, on top of the 10 percent stake held by the San Francisco 49ers, which will show any other potential investors lurking that Leeds clearly has a quality worth buying into.

Radrizzani’s comments generate a much larger demand for this stake in the club, as investors begin to catch on that there is huge competition for it, and have to up their game accordingly. 

All of this speculation in added investors and Radrizzani’s teasing interviews could lead to a bidding war surging Leeds’ value knowing that extremely high-profile candidates are in the running, willing to spend big to get Leeds right to the top.

It increases pressure for results

A potential negative factor amidst all the speculation is that Leeds are being put under tremendous pressure to be promoted from the fan base as it is, but with wealthy investors watching on, there will be expectation that Bielsa’s side need to deliver on the pitch to prove to buyers that Radrizzani’s advert isn’t clouding their judgement.

Leeds narrowly missed out on promotion last season and many tip them to bounce back and go all the way this campaign, and with that extra expectation comes extra pressure from those watching on. Obviously, the riches of the Premier League scale far higher than the Championship regardless of degrees in success respectively; Radrizzani will be hoping his side can obtain Premier League status while these buyers are still keen. 

The hope is generated amongst fans

With positive updates coming into the club behind-the-scenes, Leeds fans won’t be able to resist feeling optimistic about their team’s futures. It may seem like merely a pipe dream to hope Leeds can reach the dizzying heights of wealth seen at Manchester City or PSG, but with seriously wealthy businessmen looking at investment (including PSG’s owners themselves), Leeds fans will be thinking the sky is the limit.

Investment does not necessarily guarantee results straight away, however, it is no coincidence that both the mentioned clubs above have become dominant in their respective leagues upon becoming the wealthiest.

Leeds fans have always been expectant of good results each season, however, with such high-profile names being banded around, it is hard not to be hoping to go all the way to the top and competing with the best the country has.