For months we’ve heard that Leeds could be taken over by a billionaire investment group.
Ever since last summer, reports have circulated that QSI are interested in buying out Leeds United, but Phil Hay’s latest update on any potential takeover situation seems to suggest that the Qataris could have rivals from America.
The journalist was talking on the latest edition of The Phil Hay Show, and the topic of discussion got onto potential investment from outside sources.
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Hay stated that he doesn’t see the San Francisco 49ers investing any more in their minority stake, but he hinted that there could be a future takeover.
“I’m not sure I see them investing more cash to increase their minority stake.” Hay said on the latest edition of The Phil Hay Show (10/1/20 31:00).
“I think if the 49ers were to get properly involved with another investment deal it’d be for a buyout of the club and a takeover of the club.
“In amongst all the presumption that it will be QSI that Radrizzani sells to if he sells to anybody, there have been people at Leeds who have said ‘you shouldn’t discount the 49ers in this’. They have the money to do it and they have the sporting expertise with their NFL background and they’d potentially be every bit as keen as an organisation like QSI to do it.”
It’s exciting for any fan to hear of a takeover from a multi-billion pound organisation such as the San Francisco 49ers, but Leeds supporters should still be hoping that QSI are the ones who eventually buy out the club.
CBS News’ latest figures state that the NFL franchise is worth $3.5bn (£2.7bn), and while that is an incomprehensible amount of money, it still isn’t as much as QSI.
In fact, it doesn’t even come close as it’s been claimed that the Qatari group is worth around $338bn (£258.5bn), and even if those figures are £100bn off the mark their wealth still trumps the American group.
It’s clear to see that a QSI takeover would be more lucrative than one from the 49ers, but we’ll have to wait and see what happens in the coming months.