Leeds United have been in the news this weekend regarding potential investment from Qatar. Qatar Sports Investment, who own PSG, are reported by the Financial Times to be keen on buying a stake in the West Yorkshire club.
However, something that has been slightly glossed over from that report is where the money might go.
It is suggested that Leeds United chairman Andrea Radrizzani could use extra funding to buy another club in Europe. That would then allow Leeds to work as a sister club to that side. The report named the team he is interested in as Serie A side Genoa.
Yesterday, Genoa fought to a 0-0 draw with Fiorentina. Thanks to Empoli’s 2-1 loss to Inter Milan, it meant Genoa survived relegation on the final day of the season by the skin of their teeth.
Speaking after the game, a relieved Genoa president was asked about those Leeds United links. As quoted by TMW, Enrico Preziosi was fairly adamant about that there is no interest from Radrizzani.
“If anyone is more capable than me, the company is available, but this latest rumor concerning the owner of Leeds is fake news.”
It certainly seems that while there is some substance behind Qatari interest in Leeds United, it might not be reciprocated at Elland Road.
Radrizzani will no doubt be hunting for further investment but it seems his goal for the club does not involve Genoa or losing a controlling stake in the company.