QSI deal for Leeds ‘close’ as report claims club will become cash rich

Date published: Wednesday 3rd July 2019 8:43

Qatari Sports Investments (QSI) are reportedly close to finalising a takeover for Leeds United that will make the Championship side “one of the world’s richest clubs” and the “little brother” to Paris Saint-Germain.

Reports last month claimed Leeds owner Andrea Radrizzani had met with QSI chairman Nasser Al-Khelaifi to discuss selling a stake in the club though the Championship side went to some lengths to deny the claims and suggested talks were held merely over the mutual TV broadcasting rights owned by the two men.

However, with reports suggesting Al-Khelaifi had also held talks with Marcelo Bielsa to discuss his long-term vision for the club, claims of an investment from the cash-rich group refused to die down.

Little has been said about the proposed investment or takeover since then, but there appears to have been plenty going on behind the scenes if French outlet Le Parisien are to be believed.

They claim QSI are nearing not just an investment into Leeds – originally said to be anything between 10%-20% – but are in fact close to an entire takeover at Elland Road with the Championship club set to become PSG’s ‘little brother’.

The report adds that the group are keen on ‘broadening their portfolio in English football’ with Leeds their No 1 target after “studying the English market over the past two years”.

There is no timeline given as to when the reported takeover could be complete, but upon doing so, the report claims Leeds could welcome some PSG players on loan.

It’s also stated that Bielsa will be given significant transfer funds to secure promotion from the Championship this season and build on last season’s third-placed finish.

QSI have spent over £1billion on players since buying PSG in 2012, including the world-record £198million purchase of Neymar from Barcelona and the £166million capture of Kylian Mbappe from Monaco; the latter of whom has this week moved to play down talk of his own exit from the Ligue 1 giants.

 

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