Leeds United owner Andrea Radrizzani has revealed he has rejected offers to sell the club.
Radrizzani took over the running of the Championship club in 2017 for £45m, outlining a five-year plan to lead them back to the Premier League. Earlier in 2018, he sold some of his shares, but insists the club is not for sale.
The Yorkshire Evening Post reports that Radrizzani, speaking at Leaders Week in London, said: “When I acquired the club I was doing it by three different elements. First of all passion for football. It’s very important. If you invest in a football club you need to love the sport.
“Second was the challenge. I’ve always been attracted in my life by something difficult and this is quite difficult because it’s competing for the dream to be in the Premier League, the best football championship in the world.
“The third was the appreciation of the asset. I’ve been approached by many parties in the last few months. I see already the value is probably more than double than what I invested but the upside potentially is really high because in my opinion this is one of the top, probably, eight brands in UK.”
Radrizzani has promised to sell the club if they do not achieve promotion within his five-year plan. Leeds currently sit third in the Championship.