close
close

Who owns Leeds United? How much did the 49ers pay?

Sunday, May 12, 2024, 3:32 p.m

LEEDS, ENGLAND – MAY 04: General view inside the stadium before the Sky Bet Championship match between Leeds United and Southampton FC at Elland Road on May 04, 2024 in Leeds, England. (Photo by Ed Sykes/Getty Images)

Who are the current owners of Leeds United?

The owners of the NFL team San Francisco 49ers own Leeds United.

American businessmen Paraag Marathe and Jed York run 49ers Enterprises Global Football Group, an investment arm of the San Francisco 49ers.

The group sold a minority stake to US venture capitalists Ackerley Partners last November.

A number of celebrities have invested in 49ers Enterprises, including actor Russell Crowe and swimmer Michael Phelps.

Will Ferrell has become the latest celebrity to buy a stake in the group.

Other investors include golfers Jordan Spieth and Justin Thomas.

Who are the directors and chairman of Leeds United?

Paraag Marathe is the chairman of Leeds United.

Rudy Cline-Thomas, who founded asset management company Mastry Ventures, is vice chairman. He is an investor in 49ers Enterprises.

Angus Kinnear is the club’s chief executive. Kinnear was previously a club director at West Ham and Arsenal.

Peter Lowy, who is described as “a lifelong supporter of Leeds United and football”, is also on the club’s board.

What is the net worth of 49ers Enterprises?

49ers Enterprises was valued by Forbes at $5.97 billion in 2023.

The net worth of Jed York’s family is $5.8 billion, according to Forbes. He is the son of Denise York, who is part of a family that made their money in construction.

Paraag Marathe is a close friend of Jed York.

Peter Lowy is the son of one of Australia’s richest men, Frank Lowy.

Jed York's company 49ers Enterprises owns Leeds United.
Jed York’s company 49ers Enterprises owns Leeds United.

When did 49ers Enterprises buy Leeds United and who was the previous owner?

49ers Enterprises took full ownership of Leeds United in 2023.

They owned a 44% stake in Leeds and bought the remaining 56% from Italian businessman Andrea Radrizzani for around £170m.

49ers Enterprises first became a minority shareholder in 2018 and gradually increased its stake over the five-year period.

What is 49ers Enterprises’ track record as owner of Leeds?

49ers Enterprises’ first full year as Leeds owners saw the club push for promotion from the Championship.

They took over shortly after Leeds were relegated from the Premier League in 2023.

Leeds made a £33.7m loss for the 2022/23 season.

Before Radrizzani and 49ers Enterprises invested in 2018, Leeds had been in turmoil.

The club was promoted to the Premier League ahead of the 2020/21 season and played three seasons in England’s top flight.

49ers Enterprises took full ownership of Leeds United in 2023.
49ers Enterprises took full ownership of Leeds United in 2023.

Related Articles

Back to top button