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More cash for Leeds

Leeds United may soon receive another cash injection from the San Francisco 49ers according to a new document submitted to the US Securities and Exchange Commission (SEC).

The NFL franchise already has a 13 per cent stake in Leeds.  Their president, Paraag Marathe, who is a Leeds board member, has suggested in recent months that more investment could be imminent.

Similar to an investment fund established in 2008, a venture capital fund entitled 49ers Enterprises Leeds II SPV was registered with the SEC two weeks ago from its business address in Santa Clars, Ca.: https://www.sec.gov/Archives/edgar/data/1832340/000183234020000001/0001832340-20-000001-index.htm

Marathe said in September: 'The 49ers want to be more involved and are hoping to be an even bigger partner to Andrea, financially, but also in all other aspects on and off the pitch.'

 

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