Leeds United owner Andrea Radrizzani has indicated there are no current plans for an outside takeover or investment, speaking in an interview during the centenary celebrations.
Thursday marked 100 years since of the founding of the Yorkshire club and there were a string of celebratory events that took place on the anniversary, with more planned ahead of the visit of Birmingham City on Saturday.
Among those was special interview with Radrizzani on LUTV, which celebrated the past 100 years and looked forward to the future.
In an article for the Times on Monday, the Leeds chairman revealed that multiple parties had approached him to invest in the club and he was considering offers.
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However, he provided a fresh update on that issue during the centenary interview.
Radrizzani said: “Because of the job we have done in the last two or three years, we have attracted a lot of interest. Obviously the club has modernised on a lot of levels, which is shown by our revenues which have increased a lot to over £50m.
“We have to be proud of the club and the fact we are attractive to potential investors. When and if we will open discussions completely is another story. It depends on the right moment, where I believe we need support to build the club bigger than what we could do with our own resources.”
The Italian took full control of the club in June 2017 after completing a buyout that made him the 100% shareholder.
Radrizzani has done a lot that would suggest he is interested in being in control for a significant amount of time–such as investing in the academy and re-purchasing Elland Road–however, he made some concerning comments when pressed if he felt he had a long-term future at the club.
He said: “For sure, especially if we are in the Premier League. If we are not, then I think I can get tired of this league, but I am working very hard to get out of here (the Championship), together with the club and the players to get to where we deserve to be.”
Leeds are well set to make Radrizzani’s dream a reality this season and currently trail league leaders West Bromwich Albion by just two points.
The Leeds chairman appears to be indicating that there is interest but there are no plans for outside investment or a takeover, despite how his previous interview was interpreted.
The comments about his future are quite interesting and may be concerning for Leeds fans as they suggest that the Italian would consider his position if the Whites are unable to end their 15-year absence from the Premier League soon.
Radrizzani’s praise for the academy sides and the announcement that the club plans to expand Elland Road if they’re promoted are further indications that the Italian sees this as a long-term operation but it appears that may hinge on Leeds getting to the top flight.