Leeds reclaim full ownership of Elland Road — The Athletic 10/7/24

-

By Nancy Froston

Leeds United have announced that ownership of Elland Road has been transferred back to the club for the first time since 2004.

It remains an Asset of Community Value (ACV) and is once again under the control of Leeds’, who have called it their home stadium since 1919.

The 37,000-seater ground was sold in 2004 during Leeds’ financial difficulties and has been owned by various companies since. It was first bought by the British Virgin Islands-based Teak Trading Corporation before being sold to Greenfield Investment Pte Ltd — a company controlled by former Leeds owner Andrea Radrizzani — for £20million ($25.6m) in 2017.

In December 2020, ownership of the stadium was transferred to a new parent company, Elland Road Limited. Both that business and Leeds United Football Club Limited passed into the ownership of 49ers Enterprises when the current owners assumed control in July 2023.

The Elland Road Limited company was transferred to Leeds United Football Club Limited in March 2024, making the club now full owners of the stadium.

A number of internal and external improvements were made to Elland Road in 2017 under Radrizzani’s ownership of Leeds, although further development of the ground has long been a topic of discussion for fans.

“While this may seem like only a subtle change in corporate structure, I know that our supporters will understand its broader significance in signalling our ownership’s intent that Leeds United and Elland Road should always be inextricably bound,” Leeds chief executive Angus Kinnear said on Wednesday.

Elland Road was granted status as an ACV by Leeds City Council in 2017 and had its status renewed in 2023. It means that, among other privileges, if the stadium and its surrounding land were ever put up for sale, the community would have the right to bid for it.

Popular posts from this blog

The huge initial fee Leeds are set to receive for Crysencio Summerville’s move to West Ham — Leeds United News 31/7/24

-
Will Butcher West Ham United are closing in on a deal to sign Crysencio Summerville from Leeds United, and Ben Jacobs has shared how much Leeds will receive for the Dutchman. The 22-year-old has been strongly linked with the Elland Road exit door all summer and was targeted as the one big sale Leeds needed to make before the Profit & Sustainability Rules deadline this month. But instead, Leeds sold Archie Gray for £40m to Tottenham. Leeds have since sold five more players in the form of Diego Llorente, Marc Roca, Kris Klaesson and Charlie Cresswell – raking in around £60m in total. But more exits were always likely and Fabrizio Romano reported on Wednesday afternoon that West Ham had agreed personal terms with Summerville, and talks for a fee were ongoing with the Yorkshire side. Now, the story has moved on with multiple sources claiming a deal is done between Leeds and Angus Kinnear’s old club. The Dutchman is expected to sign a five-year at the London Stadium, until Jun
Read more

Jack Clarke stance on Leeds return revealed as Sunderland offer rejected — Football Insider 19/8/24

-
Wayne Veysey Leeds United could re-sign Jack Clarke this month in a sensational move after the forward rejected a new contract at Sunderland, sources have told Football Insider. Leeds are in the market for a proven forward before the transfer window closes after Crysencio Summerville’s exit and Georginio Rutter’s soon-to-be-completed Brighton move. The west Yorkshire giants have registered an interest in the 23-year-old, but Southampton are also keen on signing him. West Ham had been interested in Clarke back in January but have not followed up on that since then. Clarke graduated from Leeds United’s academy and played for the club until 2019 when he signed for Tottenham Hotspur. The forward is under contract at the Stadium Of Light until 2026. Daniel Farke wants to add a proven forward to his squad in this window after losing two of his most creative sources. Clarke is an experienced winger who could be put straight into the starting lineup and does have the knowledge
Read more

Leeds United board break silence after transfer window with statement on upcoming Elland Road development — YEP 2/9/24

-
By Joe Donnohue Leeds United have confirmed supporters' commemorative stones at Elland Road's Centenary Square will be replaced free of charge in a bid to improve their longevity. Beginning next month, Leeds supporters' personalised stones will be replaced with exact replicas, courtesy of a new company, to ensure of a 'much better quality' installation. The work is expected to take around two months to complete. An official club statement confirmed 'three larger stones dedicated to former managers Don Revie, Howard Wilkinson and Marcelo Bielsa' will also be installed, 'similar to those located in Bremner Square', while additional space for supporters to purchase new stones has also been factored into the project. “The club have taken on board recent feedback from supporters on the stones at Centenary Square, and we are really happy that we can now announce that all of the stones will be replaced," chief executive Angus Kinnear confirmed,
Read more