The San Francisco 49ers ownership group is now in full control of Leeds United.
49ers Enterprises president Paraag Marathe took over as Leeds chairman. Marathe has served as the vice-chairman since 2011. Angus Kinnear is expected to remain as Leeds' chief executive. Full ownership of Elland Road stadium is expected to pass to the 49ers Enterprises group, too.
49ers Enterprises first joined Leeds as a shareholder in 2018. It increased its share of the club to just more than 30% in 2020 and then most recently to 44%. The San Francisco 49ers are owned almost entirely by Denise and John York, and their son, Jed, is the team’s CEO. The York Family launched 49ers Enterprises as an investment arm to expand its reach outside of the NFL. The two teams are still very much separate.
Leeds marks just the latest club to be owned by an American group with ties to the NFL. The Glazer family, which owns the Tampa Bay Buccaneers, is now working to sell Manchester United. Jacksonville Jaguars owner Shahid Khan owns Fulham FC. Los Angeles Rams and Denver Nuggets owner Stan Kroenke owns Arsenal FC.
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