On May 23rd 2017, Andrea Radrizzani acquired the remaining 50% stake to take full control of Leeds United.
Italian businessman Andrea Radrizzani completed his takeover of Leeds United, which ended Massimo Cellino’s three-year spell as the club’s owner.
Indeed, supporters lost their mind over the news as they knew that this was the start of a new era that could possibly launch them into the Premier League, as they took to the confirmation of the takeover on Twitter with delight.
Great news on a truly awful day
— Elland Back (@EllandBack1) May 23, 2017
— Joe (@joegoodwillll) May 23, 2017
Premier League bound?
— Tom Butterworth (@fractiouslatic) 23 May 2017
Great news! Now get Monk signed up and listen to his wisdom and wishes for new players..MOT
— Eddie (@edreall) May 23, 2017
Great news on a terribly sad day..
— Paul Anderson (@PaulAnderson111) May 23, 2017
GET IN!!!! Now let's get prepared for next season with Monk in charge. #MOT
— Carl houseman (@HousemanCarl) May 23, 2017
Massimo Cellino spent three rather controversial years at Leeds United. Back in April 2014 the Italian was prevented from buying the club, but successfully appealed and became the majority owner.
But, things weren’t exactly perfect after that date as the Whites went through a load of managers in such a short space of time, with Brian McDermott, David Hockaday and Darko Milanic all facing the axe before the end of 2014. And, he was later banned from running the club by the Football League after an Italian court found him guilty of tax evasion, which was followed by an unsuccessful appeal.
Upon his return he decided to replace Neal Readfern with Uwe Rosler and then later goes on to sack the former Brentford boss and replaces him with Steve Evans, who went on to be replaced by Garry Monk.
In December 2016 he was banned from football for 18 months and fined £250,000 for breaching the Football Association’s football agent rules over the sale of Ross McCormack to Fulham in 2014. And, a month later he went on to Sell a 50% stake to fellow Italian Andrea Radrizzani.
On the 23rd of May 2017, Andre Radrizzani buys the remaining 50% stake and completes his takeover of the club.
Radrizzani’s ownership of the club got off to a dramatic start as only two days after the takeover, the day before Leeds were set to activate the option to extend Garry Monk’s contract, Monk resigned as Leeds United head coach.
Interestingly, after taking over the club he made changes to Leeds’ backroom staff, including appointing Victor Orta as director of football, Ivan Bravo as Director of Strategy and Angus Kinnear as Chief Executive.
On the 15th of June 2017, Radrizzani appointed his first head coach as Thomas Christiansen was announced as the new head coach of Leeds United. However, Christiansen was dismissed by Radrizzani, despite a promising start to his reign, after a poor run of results and with the team tenth in the table, with Paul Heckingbottom taking over.
The Whites have certainly come on leaps and bounds since then and are heading in the right direction, with Marcelo Bielsa becoming the new Leeds head coach back in the summer. And, it’s safe to say that things have gone swimmingly since that appointment, with the Whites on course for promotion.
Indeed, the takeover has had more positives than negatives with the purchase of Patrick Bamford becoming a statement of intent from the owner as the move represented the highest fee Leeds had spent on a player since Robbie Fowler’s move to the club in 2001.
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