Leeds United director completes takeover of Serie A club as Radrizzani goal realised - YEP 1/6/22
Leeds United board member Sandro Mencucci has taken on the role of managing director with newly-acquired Serie A outfit US Lecce
By Joe Donnohue
Leeds United director Sandro Mencucci has completed the
acquisition of newly-promoted Serie A club US Lecce alongside five other
businessmen.
Appointed to the Leeds board only last year, Mencucci has
remained a largely peripheral figure around Elland Road, with chairman Andrea
Radrizzani and CEO Angus Kinnear taking centre stage.
Australian business magnate - and lifelong United supporter
- Peter Lowy was also installed to the board last summer, while San Francisco
49ers' chief Paraag Marathe is the club's Vice President.
Fellow Italian Massimo Marinelli makes up the six-man
directorship at Leeds - coincidentally the same number involved at boardroom
level in Mencucci's latest venture.
Lecce were promoted to the top flight of Italian football
last season and will compete in Serie A against the likes of Juventus, AS Roma,
Internazionale, Napoli and champions AC Milan during 2022/23.
It is not the first time a member of the Leeds board has
been linked with a continental takeover. Last summer Andrea Radrizzani was
heavily rumoured to be interested in purchasing Salernitana from businessman
Claudio Lotito, due to the latter's involvement with Lazio.
Italian competition law prohibited Lotito from holding a
controlling stake in two clubs within the same division, therefore following
Salernitana's promotion, Lotito was ordered by the FIGC (Italian Football
Federation) to cede control.
Ultimately, Radrizzani's attempt to purchase the club for a
knockdown price was rejected and the Leeds chief walked away from the
negotiating table.
Mencucci meanwhile, with vast experience from his time as a
Fiorentina director, has taken on this new venture in conjunction with his
Leeds United role.
There is no conflict between the two clubs regarding
Mencucci's business, however if both were to qualify for European competition,
the director may be required to forfeit one of his positions.