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HomeFootballLeeds owner pledges Elland Road as collateral for bank loan to purchase...

Leeds owner pledges Elland Road as collateral for bank loan to purchase Sampdoria.

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https://www.amazon.com/dp/B0CS3W61MH

Andrea Radrizzani, the owner of Leeds United, has reportedly offered Elland Road as collateral to secure a £26m bank loan to complete the takeover of Italian Serie A side Sampdoria. The Athletic reported that Radrizzani and his company, Aser, along with bidding partner Gestio Capital, will use the loan to fund their buyout of Sampdoria. The ground has been Leeds’ home since 1919 and Radrizzani purchased it six years ago. Any potential future purchase of the club would include the historic venue, but that now seems in doubt. The usage of Elland Road to buy another club would likely anger fans.

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