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Phil Hay delivers Leeds United takeover update

Leeds United have been long linked with a potential takeover of the club, especially if they earn promotion to the Premier League at last.

The Athletic’s Phil Hay was asked by one supporter in a recent Q&A session if there was any news on that front, to which he responded with a fresh update.

Will Leeds United ever be taken over by QSI?

Yes, 100%

Yes, 100%

No, never

No, never

Paris Saint-Germain’s ownership group, QSI, are the party constantly mooted with a move but Hay claims that any deal ‘sounds nowhere near being close’ – although he didn’t downplay its prospects long-term.

He said:

Phil Hay QSI takeover update leeds

Earlier in the season, current United owner Andrea Radrizzani revealed just how much money he pumps into the club in order to keep it ticking over – at least £1m-per-month.

That’s simply not sustainable, especially if the west Yorkshire outfit are to become established in the top-flight. Thus, additional investment may be required even if it’s involving a takeover of the club.

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PSG’s riches are well-known given the way president Nasser Al-Khelaifi has run the club in recent years, bringing the likes of Kylian Mbappe and Neymar to the French capital.

Their ownership could catapult the Whites into a financial superpower in the top-flight, which would surely delight those that have been deprived of elite football for the past 16 years at Elland Road.

AND in other news, Leeds fans brush off Noel Whelan’s transfer claim on PL goalkeeper