Reports claim that Leeds United are set to be bought by Qatar Sports Investment, the same company that owns Paris Saint-Germain.
If reports are believed to be true, Leeds United could be set to become Paris Saint-Germain’s little brothers. According to Le Parisien, Qatar Sports Investments are really close to buying the fabled club.
The Championship team will be managed by Marcelo Bielsa next season but things could change. Elland Road is likely to see a number of new faces arrive before the new season kicks off in August. Leeds United came agonizingly close to sealing Premier League promotion but lost the semifinal to Derby County.
However, the club’s luck might change with the arrival of Qatari owners who are bound to bring drastic changes to the club. PSG president, Nasser Al Khelaifi has reportedly always wanted to own a club in England and he may be getting his wish.
The QSI team has already studied English football very closely in recent years believe that buying Leeds United would be in the company’s best interests.
And although the club hasn’t been anywhere near Premier League promotion besides last season, the investors see the promising signs. Current owner, Andrea Radrizzani’s shares might not be bought completely so he is likely to stay with Leeds United in some capacity.
The QSI has been linked with a takeover for the past three months. The first time, the news was broken by The Financial Times.
“Qatar Sports Investments will be entering English Football, and Leeds is the club of their choice,” a source told the Financial Times.
“Qatar has been looking into the prospects of entering English Football for the past two years.”
QSI was founded back in 2005 and in past, has admitted that it has always looked at opportunities to invest in the British market.