Andrea Radrizzani faces up to £250m being wiped off his valuation of Leeds United after the club slipped into the Championship and voided the agreement he struck with American investors over a full takeover MsiDouglas reports
Industry experts believe Radrizzani’s Aser Ventures’ business model will favour them keeping hold of the club rather than selling on the cheap. Ben Peppi, head of sport services at JMW, toldRadrizzani would be taking a “big gamble” if he decided to keep hold of the club but there was logic underpinning the idea.
“If your stay in the Championship drags on longer, in year two or even three, they will take a huge hit, especially when parachute payments disappear. Things will then look a lot bleaker.” Allardyce claimed talks with Leeds’ ownership about what happens next will take place this week but his team selection on survival Sunday was desperate. If he does get the job on a full-time basis the pressure would be on immediately.The club will be able to absorb the impact of relegation with wage cut clauses for most of the squad, while player exits are anticipated.
A dose of humble pie for the likes of CEO Angus Kinnear might be well-advised. His programme notes, which often defended club positions against supporter disenchantment, were noticeably absent on Sunday., who boasted about the club having designed their own version of Google to recruit players.
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