Article 3QXPA 49ers Enterprises become minority investor in Leeds United

49ers Enterprises become minority investor in Leeds United

by
Jack Browne
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The San Francisco 49ers' investment arm, 49ers Enterprises, has become a minority investor in English soccer team Leeds United, according to BBC Sport.

49ers Enterprises president Paraag Marathe has joined Leeds' board of directors, and the soccer club's chairman, Andrea Radrizzani, said the funds from the collaboration will be used to "improve results on the pitch."

"This strategic partnership enables Leeds United to align with and gain invaluable expertise from the owners of one of the biggest global sports entities," Radrizzani said.

"The 49ers are an innovative, successful organisation and we are delighted to have access to such a rich source of business and sporting expertise."

The partnership could lead to Leeds playing at Levi Stadium in the future.

49ers Enterprises is believed to have purchased 10 percent of Leeds United, which finished 13th in the country's second division.

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