Last night it was confirmed that Andrea Radrizanni had secured 100% ownership of Leeds United.
The acquisition will be somewhat of a relief for most fans as everyone's attention turns to the summer and removing any uncertainty over Garry Monk's position as head coach.
It was confirmed yesterday that the option to extend Monk's deal for an additional 12 months had been taken as part of his original contract. However, it's understood that both the club and Monk are hoping to secure his long term future in West Yorkshire.
In regards to ownership, it was highly expected that the acquisition of the remaining 50% of Leeds, then held by former sole-owner Massimo Cellino would be purchased at the end of the season irregardless of any promotion that took place. There has been no leaked figure on how much Andrea has paid for sole-ownership, but you can imagine it was a hefty fee.
Owner of MP & Silva, a ginormous television rights company with investment from China, it's now expected that Radrizanni will look to investment in both the squad and the club as a hole.
With Leeds narrowly missing out on the playoffs due to coming unstuck in the January transfer window, most fans will expect Radrizzani to have a plan on how to invest in improving the clubs squad in the summer.
The Italian owner is also expected to add two new faces in a backroom shake up with former Boro Chief Scout Victor Orta being offered the technical director position and West Ham's managing director Angus Kinnear set to replace Ben Mansford as chief executive.
Radrizanni's purchase of the club also spells the end of Massimo Cellino's turbulent ownership of three years at Leeds United. What all started by being chased around the Elland Road car park will end with a fond(ish) farewell.
Although marred in controversy including but not limited to scandals, law suits, managerial sackings and a watermelon, Cellino leaves the club in a more stable position than when he joined.
Leeds had been ruined by GFH and a post-Bates era and the enigmatic Italian did bring stability to Leeds finances so that they could move forward without any demons.
With all the business done and dusted and Monk set to sign a new deal, Leeds could be starting off the new season full of energy and poise, we hope!
By Ryan Ingham
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