Sky Bet Championship: Italian Andrea Radrizzani becomes 100% owner of Leeds United FC

The Italian businessman Andrea Radrizzani, who was already a 50% shareholder of Leeds United FC (Sky Bet Championship), has bought the remaining shares and thus becomes the sole owner of the club, announced Leeds United on 23/05/2017. This acquisition was made via the investment company Greenfield Investment Pte Ltd, a subsidiary of Aser Group Holding, owned by the Italian entrepreneur.

Massimo Cellino had held all shares, which he previously acquired in two stages (75% in January 2014, and the remaining 25% on 09/09/2016), until 04/01/2017, when Andrea Radrizzani became the owner of 50% of the club's shares. An option to buy all the shares before the end of the 2016-17 season, if Leeds United remained in the Sky Bet Championship, was then activated, according to the English press.

Andrea Radrizzani is the president of Baofeng Sports (the sports branch of the entertainment company Beijing Baofeng Technology Co Ltd), since 08/06/2016. He is also the founder and CEO of the British audiovisual group Eleven Sports Network, and one of the founders of MP & Silva, the UK media rights and…