Leeds United owner Andrea Radrizzani is looking to make around €500m from selling his shares in the club to then make an attempt to acquire Inter Milan.
That’s according to Tuttosport, relayed by FC Inter News, who cover Radrizzani’s apparent effort to buy the Italian giants.
The newspaper explains that there have been numerous rumours in the last few weeks about bidders ‘bouncing around’ and eyeing up Inter in the coming months.
At the moment Steven Zhang is not interested in a sale and has set an asking price of €1.2bn, a figure that has been considered too much by any of the parties who’ve shown an interest.
Radrizzani is one of them and a report yesterday detailed his plans to sell his shares in Leeds and then try to form a consortium to buy Inter.
That claimed he would sell his shares at Elland Road, where he currently owns 56%, to investors of the San Francisco 49ers. That though was dependent on them staying in the Premier League.
Tuttosport pick up on that and say in his case, he first needs to show a ‘willingness’ to enter a consortium and then raise money for the sale of his shares in Leeds. The latter would bring in ‘around €500m’.
There is no indication that process has begun but Radrizzani appears to be working behind the scenes ahead of a more formal approach.
That is likely to depend on Leeds staying up, with relegation sure to decrease the value of the club considerably and perhaps throw a spanner in the works for the Italian.
