Paraag Marathe and 49ers show true colours with £120m Leeds United gesture
5 Articles
5 Articles
Red Bull diluted: Energy drink giant reduces stake in Leeds United
Red Bull’s stake in Leeds United has reduced to below 10 per cent after the German energy drinks company declined the opportunity to invest in the issue of £120m of new shares ahead of the club’s return to the Premier League. The new funding has been provided by members of the 100-strong consortium of investors who bought majority control of the club under the banner of 49ers Enterprises two years ago. The new capital will primarily be used to …
49ers Enterprises in inject £120m into Leeds Utd via share issue - Inside World Football
May 20 – Championship winners Leeds United are set to benefit from a substantial £120 million cash injection via a new share issue by owners 49ers Enterprises, with funds earmarked for both the Elland Road redevelopment project and strengthening the squad ahead of their Premier League return. The investment comes from fresh equity, with 49ers Enterprises reaching out to shareholders following the club’s promotion. While some shareholders decline…
Leeds United selling £120M Worth of Shares to Help Premier League Return - Ministry of Sport
Leeds United’s ownership is set to raise approximately £120 million (AUD$209 million) through the issuance of new shares, strategically timed ahead of their return to the Premier League. According to information obtained by The Athletic from anonymous sources, this substantial capital influx will be directed towards the redevelopment of Elland Road and bolstering the squad during the upcoming transfer window. Following their promotion, senior fi…
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