The US owners of newly promoted Leeds United, 49ers Enterprises, are also planning significant work to add 20,000 additional seats to the team’s Elland Road stadium, which has a current capacity of just under 38,000.
The Yorkshire club’s ownership group also includes Peter
Lowy, part of the family that controls Australian real estate group Westfields.
Leeds chair Paraag Marathe told the Financial Times that the club has “acquired
options” on several plots of land adjacent to the stadium with an eye to future
development, but points to transport bottlenecks similar to those in
Birmingham.
“There’s totally an
opportunity to redevelop [the area] because as the crow flies, Elland Road is
really close to the city centre,” he told the Pink ‘Un. “[But] it’s complicated
to get to — that’s why there’s been a two-decade long effort to get light rail
out there. And so we’re still trying to fast track that as well. But there’s
just so much opportunity.”
Cities outside London have long struggled to attract the
public funding needed for such infrastructure. As a result, the prospects for
many stadium-led regeneration projects will partly hinge on lobbying by metro
mayors before the impending spending review.
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