Leeds United have today confirmed a minority investment in the club which will see 10% go to new investors.
The new investment group is fronted by NFL giants the San Francisco 49ers, who have today confirmed a purchase of just above 10% of the club.
The deal, which sees the American firm in control of the NFL Frsnchise pay the club £10million for the share option.
The money is set to be reinvested in the club and could possibly be used to confirm the signings of Kyle Bartley and Abel Hernandez.
Andrea Radrizanni will remain majority owner of Leeds and stay on as Chairman but the move will see President of 49ers Enterprises Paraag Matathe join the Leeds United board.
The VP of football operations will join Ivan Bravo, Angus Kinnear, Radrizanni and Andre Tegner in overseeing all decisions.
This is the second time the club have been involved with the 49ers, with senior officials travelling to Leeds to give advice on football operations back in 2014. However, no investment had been agreed and this was said to be just a partnership to gain experience instead of a financial investment.
With the club set for their new partnership, the rumoured preseason tour of America could not be a valid option.
If Marathe and co believe the club can show a broader and more successful portfolio, there’s a chance they’ll want to show off their new toy.
Let’s hope the deal gives the club the shot in the arm it needs this summer.
By Ryan Ingham