Leeds United owner Andrea Radrizzani has travelled to Paris to have more discussions regarding potential investment from Qatar Sports Investment, the state-owned company which funds French giants Paris Saint-Germain.
As reported by The Times, the Italian was in Paris to watch the club’s Champions League clash with Belgian side Club Brugge as a guest of Nasser Al-Khelaifi, the PSG president.
The report claims ‘further talks’ took place over a Qatari takeover. It also states that QSI views Leeds as a ‘potential long-term project’ and any investment would be with the view to eventually owning the club.
Yesterday also saw L’Equipe run quotes from a QSI spokesperson, who suggested Leeds United was a serious investment opportunity and valued the West Yorkshire side at between €60 (£52) and €80 million (£69m). The Times has since suggested Radrizzani values the club ‘significantly’ higher.
Excitement over a potential Qatari-backed takeover has been building at Leeds since the Financial Times reported in May that the Championship side was under consideration for investment.
Of course, Leeds fans have built up a dry cynicism over the years due to some fairly poor management of the club so will not be getting over-excited just yet.
But there is no doubt there is something in these rumours and there is at least a small chance that Leeds are one day being bankrolled by the same people who turned PSG into one of the world’s biggest and most successful clubs.
That has to be a reason for excitement.