Leeds United Elland Road renovation claim made amid £50m 'major upgrade plan' — YEP 28/7/24
By Will Jackson
Leeds United chairman Paraag Marathe has previously spoken
about 49ers Enterprises desire to make improvements to Elland Road
Leeds United’s owners could be looking at a bill of £50
million if they're to make the improvements they want to make to Elland Road.
That's according to former Everton and Aston Villa chief executive Keith
Wyness, who believes 49ers Enterprises have big ambitions for the Whites'
stadium
Chairman Paraag Marathe spoke about redeveloping Elland Road
in the aftermath of the club's play-off defeat and revealed that the ownership
group had put money aside to work on small stadium improvements. He also
admitted that while talk of stadium renovation plans were dependant on the
Premier League were not strictly true, he did suggest that such big plans take
time to finalise.
Elland Road has needed investment for some time, with
previous owner Andrea Radrizzani speaking openly about his desire to renovate
the stadium, which has been the club's home throughout it's 105-year history
and currently has a capacity of 37,792. However, it seems 49ers Enterprises
have ambitions to push ahead and make the necessary improvements to the ground,
but it won't be cheap.
"I’m sure the architects will have given the club a
menu," Wyness told Football Insider about Elland Road stadium plans. “You
could add £100million in renovations, or you could even build a new stadium at
Elland Road.
“From what I’m hearing, we’re looking at around
£40-50million to try and improve what they have right now. That would be enough
to improve the facility they have right now and get it up to scratch.
“Then once they’re in the Premier League and established,
they’ll be looking at a major upgrade or even a new stadium. Elland Road is in
a great position, it’s got great history – but it’s past its sell-by date and
it needs some work. But it’s good news to see it back on the club’s asset
sheet.”
Earlier this month Leeds announced the club had retaken
ownership of the stadium, 20 years after it was initially sold. Elland Road has
also been listed as an Asset of Community Value by Leeds City Council.