Danny Mills has spoken out about L’Equipe’s report of the potential takeover of Leeds by QSI, and he is puzzled that the talks even took place.
Qatar Sports Investments is the group which owns PSG, and Radrizanni was believed to be in discussions with them over the possibility of selling a 10% stake in the club.
The opportunity would offer Leeds a chance for much greater investment, and access for funds which they are currently lacking.
But ex-player Mills is seemingly a little bemused with it all, as it is the second case of Radrizzani selling off a portion of the club, after SanFrancisco 49ers chairmen John York and Marie Denise DeBartolo bought a 25% stake in the club in May 2018.
Speaking to Football Insider, Mills said: “What happens if Radrizzani does this four or five times, and you have different shareholders with minority stakes? Who is in charge and makes the decisions?
“You have to be careful going down this route and selling it for the sake of it. I’m stunned at this, really.”
Despite the backing that QSI would bring, Mills doesn’t believe Leeds will be in a better place as a result. Moreover, Mills suggests it is not a good sign that talks are taking place, as it suggests Radrizzani lacks financial muscle.
The Italian did, after all, indicate that it could be a difficult summer ahead for Leeds, which suggests finances are tight.
Mills added: “How much money does he have?
“He clearly doesn’t have that much, and clearly doesn’t have fortunes and not as much as people thought when he bought the football club.
“There is no real benefit to Leeds if Radrizzani sells 10 per cent here and there.”
Mills has a point that selling off the club to different shareholders could prove problematic.
It could make the club stable and cause difficulties in the boardroom but Radrizzani is well in his right to do it.
If he believes he can’t put in the required investment and thinks that he could help the club by including other shareholders, then it could be a positive.
Bielsa needs backing this summer if Leeds are to make the Premier League, and if QSI buy in then it makes this prospect much more likely.
Radrizzani will still have a controlling stake so decisions would be made by him. Mills shouldn’t be too puzzled by this development, and I think it could really help Leeds in the long run.