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

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Leeds United owner Andrea Radrizzani has had a busy week.

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.

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.

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.