Leeds owner Radrizzani presents ‘proposal of interest’ to club – May 30th deadline to ‘avoid the axe’

Leeds United owner Andrea Radrizzani’s offer for Sampdoria ‘did not hit the mark’ as the Italian club desperately seek a new owner before May 30^th.

That’s according to Il Secolo XIX, relayed by FC Inter 1908, who say the official proposal was a ‘non-binding one’ from Leeds owner.

Earlier today we covered a report on how Radrizzani had made his first move to try and acquire Sampdoria but that he needed help from the banks to get it over the line as he didn’t have the necessary economic power in the short-term.

FC Inter News 1908 now follow that up with more information, explaining that Radrizzani has made his first offer, which was non-binding, alongside rival bidder Raffaele Mincione’s Wrm Group.

This proposal was made to ‘advisor PwC’ in recent days but ‘did not hit the mark’ for different reasons at this point.

The latter have only just entered the race for the club, rivalling Roman financier Alessandro Barnaba, who has already seen five proposals rejected by those in charge.

Radrizzani, who has been linked with a move away from Leeds this summer, has now presented his own proposal, although this is described as a ‘proposal of interest’ at this moment in time.

There’s no explanation of what that means but the suggestion is that he’s just made it clear he would be happy to make a bid, rather than making anything concrete, particularly on a financial view.

He may have to do that sooner rather than later, though, with it explained that a deal needs to go through by May 30^th if Sampdoria are to ‘avoid the axe’.