Qatari Sports Investments (QSI) has reportedly confirmed that talks over a potential takeover of Leeds United have been ongoing for a number of months.

Leeds owner Andrea Radrizzani revealed in an interview in October that there were a number of parties interested in the Yorkshire club and that three offers were particularly intriguing–with QSI being one of those.

However, he downplayed those comments later in the month when talking to LUTV.

An update on the issue has emerged in French publication L'Equipe that suggests potential investment may be further along than previously indicated.

According to L'Equipe (via Adam Pope from BBC Sport), QSI has revealed talks with Leeds have been ongoing for a number of months, while a representative has said things are currently moving at a slow pace but could change quickly.

It is understood that QSI value the Championship club at €60-80 million and that Radrizzani has refused to comment on such discussions.

In a post on Twitter, Pope questioned the organisation's valuation of the club considering what the Leeds owner paid for the club and the stadium.

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He said: "Not sure if that estimation stacks up tbh with Radrizzani having paid around £45m for Leeds United & £20m for ground."

Radrizzani acquired 50% of the club from previous owner Massimo Cellino in January 2017 and then took full ownership of Leeds in May 2017.

The Verdict

This latest update appears to suggest that talks about a potential takeover are further along than Radrizzani had previously suggested.

More details continue to emerge on this saga and it has been reported already that the Italian businessman has a close relationship with the chairman of QSI, Nasser Al-Khelaïfi.

QSI are the investment fund that, among other things, own French super club PSG, so these continued rumours will no doubt excite some Whites fans.