The 49ers soon will own a different kind of football team.
According to Reuters, the 49ers have reached an agreement to buy full equity in Leeds United.
49ers Enterprises first acquired a stake in the club in 2018. The ownership had increased to 44 percent. The 49ers will now buy the remaining 56 percent from Andre Radrizzani.
Leeds recently was relegated from the Premier League.
Sports Business Journal reported in April that, once the deal happens, 49ers president Paraag Marathe will become the primary owner of Leeds United.
49ers complete purchase of Leeds United originally appeared on Pro Football Talk
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Recap
Leeds United fully acquired by 49ers.
The San Francisco 49ers have reached an agreement to fully acquire Leeds United, having previously owned a 49% stake since 2018. The remaining 56% will be bought from current owner, Andre Radrizzani. The deal makes 49ers President, Paraag Marathe, the primary owner of Leeds United. The football club was recently relegated from the Premier League.
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