Leeds United have today issued £11 million worth of new shares in the football club. There is relatively little news surrounding just what this funding is for, or from. But I expect more news will emerge as this story develops.
This was first picked up by Twitter user @dubasfisher
— David Dubas-Fisher (@dubasfisher) May 14, 2019
It also comes with the change at companies house as the listing of Andrea Radrizzani as a person with over 75% control in the team.
There are numerous reasons such an amount may have been invested in Leeds, it could simply be funds for the summer transfer window, or a large-scale spending project to the stadium or training ground. It may even be Radz’ funds for the team trip to Las Vegas that he promised on the circumstance that Leeds win promotion this year.
Leeds go into their play-off second leg 1-0 up against Derby County, after this they will face either West Brom or Aston Villa at Wembley with the grand prize of promotion at stake.
We will endeavour to keep you updated on news around this story as it develops.