The Leeds fans in the Transfer Tavern have been reacting to a story in The Yorkshire Evening Post that claims Andrea Radrizzani is ready to sell a minority stake in the club to give Paul Heckingbottom an injection of cash in the upcoming summer window. The Italian paid £45 million to buy out Massimo Celino’s 50% stake last May to make him the majority shareholder with 100% of the stakes.
Exclusive – Leeds United set for cash injection as Andrea Radrizzani prepares to sell minority stake:https://t.co/1k8Gd1QDNq
— Phil Hay (@PhilHayYEP) May 10, 2018
Radrizzani has suffered a tough first full season in charge of the club. The 43-year-old, who made his fortunes in the sale of TV Sports rights, had a solid first-half of the year with the club hanging on to a playoff spot in 6th at the turn of the year, although that quickly changed. Radrizzani sacked manager Thomas Christiansen a 4-1 away loss to Neil Warnock’s Cardiff, leading to Heckingbottom’s appointment.
Whilst the fans were hoping to have been proved wrong when they slated the appointment of the Barnsley manager, it wasn’t to be. Heckingbottom won just four games in the remaining games of the season, seeing the club fall to a meagre 13th place finish in the Championship and a long way off the playoffs. The club are currently on a controversial post-season tour of Myanmar, where they’ll be looking to get away from the pressure of the Championship and prepare for next season.
You can read our resident Whites’ verdict on their potential injection of cash here:
Another skint owner as I always said this just gets worse and worse – sell up make your profit and let someone serious take us over
— Ron (@ronaallleeds) May 10, 2018
We might finally have enough money to buy Sergi Canos
— ZL (@SupremeJansson) May 10, 2018
is this to a Kyle Bartley Ltd shaped company?
— TLH94 (@THuff1994) May 10, 2018
I doubt a 10% stake will give much of a transfer warchest. I assume this will include an addtional loan against the clubs assets?
— Aidan Nelis (@AidanNelis1) May 10, 2018
EXIT STRATEGY ALERT #LUFC
— Ian H (@IanH987) 10 May 2018