Andrea Radrizzani calls for 'fair' Premier League after PIF take over Newcastle United to spark Manchester City transformation possibility - YEP 14/10/21
Leeds United majority owner Andrea Radrizzani believes financial fair play is vital in the Premier League so clubs like his can compete with the wealth of Manchester City and recently taken over Newcastle United.
By Graham Smyth
The Italian media mogul, who took full control at Elland
Road in 2017 but has since sold a significant stake in the club to the
financial backers of the San Francisco 49ers NFL franchise, insists that money
cannot always buy success.
Speaking to Ian King on Sky News Radrizzani said Leeds would
continue to pursue their current model, attempting to recruit smartly to give
head coach Marcelo Bielsa the right players to make the club competitive among
much wealthier Premier League outfits, and developing talent from within the
Thorp Arch academy structure.
"Money in football is not always equal to success, it
has been shown many times," he said.
Rio asked the wrong question.https://t.co/YBW2Z5Jgu8#lufc
— Leeds United News (@LeedsUnitedYEP) October 14, 2021
"I think we have a brilliant project run by Marcelo
Bielsa and Victor Orta on the football and we will continue with our strategy
to focus on our recruitment and grow our own players. This year for example we
have more than 16 national team players in our youth teams and in the last
Under 20 England team we had four players on the pitch and two on the bench
[for the Under 21s]. This is synonymous with good investment in the youth and
the academy."
But Leeds will now find themselves up against yet another
club with vast resources, with Newcastle United being taken over by the Public
Investment Fund of Saudi Arabia.
Magpies fans will be hoping for a similar transformation in
their fortunes enjoyed by Manchester City, who have been majority owned by
Sheikh Mansour, billionaire and member of the royal family of Abu Dhabi. Since
he took over they have won five Premier League titles, two FA Cups and six EFL
Cups, spending well over £1bn in transfer fees.
Radrizzani is keen for the Premier League to do their utmost
to somehow ensure a level playing field.
"Obviously the clubs like Newcastle or Man City owned
and controlled by governments or sovereign funds, they have unlimited
possibilities and that's why I believe the Premier League should apply fair
play regulation to make sure we play fair, we play in the same competition with
similar opportunities," he said.