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PSG owners highly ‘interested’ in Leeds United stake

Qatar Sports Investments, the owner of French champions Paris Saint-Germain, is one of three parties interested in acquiring a stake in Leeds United, according to the English second tier club’s owner Andrea Radrizzani.

The company is run by Nasser al-Khelaifi, Chairman of BeIN Media Group and a friend of Radrizzani.

Since acquiring PSG in 2011, the club have spent more than €1 billion (US$1.1 billion) on players, including the world record signing of Neymar for €222 million (US$245 million), and won six Ligue 1 titles.

Radrizzani has not confirmed the names of the other two potential investors, but did reveal one was a Leeds fan based in the US, while the other was the owner of an unnamed club in Italy.

The Italian acquired the Championship club in May 2017 before selling a ten per cent stake to the investment arm of the National Football League’s (NFL) San Francisco 49ers the following year.

Speaking to the Times, Radrizzani insisted he remained committed to the team as they chase a return to the Premier League for the first time since 2004. The prospect of QSI investment would likely loosen the purse strings within the club, which nearly went out of business after racking up huge debts in the 2000s. Radrizzani believes increased funding could see the side compete with English champions Manchester City.

Having been taken over by the Abu Dhabi Group in 2008, City have won four Premier Leagues and spent more than UK£1.5 billion (US$1.9 billion) on players.

Speaking to the Times, Radrizzani said: “The option of Qatar Sports Investments and Nasser (al-Khelaifi) – first of all they are friends, we have had a good relationship for a long time.

“They have the possibility to bring this club to compete with Manchester City, so for the fans that could be a fantastic opportunity.

“The most important thing for me is to make this club big again.

“When I will open the door to others I don’t know, hopefully when we are in the Premier League. The financial support would be more important in the Premier League.”

Having missed out on promotion in 2018/19 after defeat in the playoffs, Leeds currently sit fifth in the table after 11 games this season, two points off automatic promotion. They next play 12th place Birmingham City on 19th October.

Qatar Sports Investments (QSI), owners of French soccer champions Paris Saint-Germain (PSG), are one of three parties interested in acquiring a stake in Leeds United, according to the English second tier soccer club’s owner Andrea Radrizzani.

The company is run by Nasser al-Khelaifi, Chairman of BeIN Media Group and a friend of Radrizzani.

Since acquiring PSG in 2011, the club have spent more than €1 billion (US$1.1 billion) on players, including the world record signing of Neymar for €222 million (US$245 million), and won six Ligue 1 titles.

Radrizzani has not confirmed the names of the other two potential investors, but did reveal one was a Leeds fan based in the US, while the other was the owner of an unnamed club in Italy.

The Italian acquired the Championship club in May 2017 before selling a ten per cent stake to the investment arm of the National Football League’s (NFL) San Francisco 49ers the following year.

Speaking to the Times, Radrizzani insisted he remained committed to the team as they chase a return to the Premier League for the first time since 2004. The prospect of QSI investment would likely loosen the purse strings within the club, which nearly went out of business after racking up huge debts in the 2000s. Radrizzani believes increased funding could see the side compete with English champions Manchester City.

Having been taken over by the Abu Dhabi Group in 2008, City have won four Premier Leagues and spent more than UK£1.5 billion (US$1.9 billion) on players.

Speaking to the Times, Radrizzani said: “The option of Qatar Sports Investments and Nasser (al-Khelaifi) – first of all they are friends, we have had a good relationship for a long time.

“They have the possibility to bring this club to compete with Manchester City, so for the fans that could be a fantastic opportunity.

“The most important thing for me is to make this club big again.

“When I will open the door to others I don’t know, hopefully when we are in the Premier League. The financial support would be more important in the Premier League.”

Having missed out on promotion in 2018/19 after defeat in the playoffs, Leeds currently sit fifth in the table after 11 games this season, two points off automatic promotion. They next play 12th place Birmingham City on 19th October.

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