San Francisco 49ers Increase their Stake at Leeds United to 37 Per Cent
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San Francisco 49ers endured a tough outing in the NFL this year. They made the Super Bowl event last, where they suffered heartbreak at the hands of Patrick Mahomes and the Kansas City Chiefs. The 49ers finished last in the NFC West this year with a 6-10 record. They dealt with injuries to key players over the course of the season.
Kyle Shanahan’s boys will look to bounce back in 2021. But as they continue to work on their offseason goals, 49ers Enterprises President, Paraag Marathe, is making strides on the business side of things at the Bay. The Red and Gold upped their investment in Premier League outfit Leeds United from 10 percent to 37 percent earlier this week.
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In doing so, Marathe is now the Vice-Chairman of Leeds United. Here’s what the San Francisco 49ers executive said after he signed this new business deal.
“Our 49ers Enterprises team has always shared Andrea’s vision for constructing a powerful and winning club in the most competitive football league in the world, and the experience of the last three seasons has been more exhilarating than we could have ever imagined.
“The hard work and bold leadership demonstrated by Andrea and his talented team has restored Leeds United’s rightful place in the Premier League and we look forward to playing an even bigger role in supporting their efforts to climb the table this year and into the future,” Marathe added.
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San Francisco 49ers and Leeds United build on mutually beneficial relationship
Here’s what Leeds owner and chairman, Andrea Radrizzani, had to say after the latest investment from the Niners.
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“We are delighted to welcome further investment into our club from 49ers Enterprises and I am confident that this latest partnership will help Leeds United continue to grow and develop into the team our supporters deserve.
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“I have always been open to bringing partners on this journey with me, as long as these actions can benefit the long-term strategy of the club. Paraag and the team at 49ers Enterprises are uniquely positioned to collaborate with myself, Angus Kinnear, Victor Orta, and our management team to help us achieve our goals,” Radrizzani said via the team’s official website.
Marcelo Bielsa’s boys are currently 12th in the Premier League table. They have 7 wins, 2 draws, and 9 losses from 18 games in the English top-flight this season. They continue to push for a spot in the top half of the league table. A struggling Newcastle outfit host Leeds at St. James Park on Tuesday.
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