Report: Leeds owner Radrizzani's company sells £33m shares

Andrea Radrizzani, Owner of Leeds United (3R) looks on during the Sky Bet Championship match between Bristol City and Leeds United at Ashton Gate on October 21, 2017 in Bristol, England.

Leeds United owner Andrea Radrizzani has had a busy week.

Andrea Radrizzani, Owner of Leeds United looks on during the Sky Bet Championship match between Bristol City and Leeds United at Ashton Gate on October 21, 2017 in Bristol, England.

Andrea Radrizzani's busy week has continued, this time at his sports investment company Aser.

Sports Business report that one of Aser's subsidiaries, Eleven Sports Poland, have sold a 50 per cent plus one stake in their business to Polsat.

Polish broadcaster Polsat have paid 38 million Euros (£33 million) for the controlling stake in the company.

A general view of Elland Road Stadium prior to the Sky Bet Championship match between Leeds United and Brighton & Hove Albion at Elland Road on October 17, 2015 in Leeds, England.

The report states: "Polsat struck the deal with Aser, the parent company of Eleven Sports' various operations in different territories. Aser is the investment vehicle of Andrea Radrizzani, who co-founded the MP & Silva agency and is the owner of English Championship football club Leeds United. None of Eleven's other international operations have been affected by the deal."

Aser is expected to get more than half of the cash up front, with the rest within four months.

Radrizzani last night tweeted showing he had been in Poland.

Leeds United owner Andrea Radrizzani looks on before the Sky Bet Championship match between Derby County and Leeds United at iPro Stadium on February 21, 2018 in Derby, England.

It is unclear if any of this affects Radrizzani's plans for Leeds, but it follows the Italian selling a 10 per cent stake in the Whites just earlier this week.

Leeds sold a minority interest to the San Francisco 49ers, worth around £10 million.

The two sell offs could be coincidental, or they could represent Radrizzani seeking to raise cash to invest in transfers to help Leeds' on-pitch chances next season.

Either way, Radrizzani has ended this week a lot richer than how he started it.

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