Leeds United have communicated planned changes and the positive impact of the 49ers Enterprises-led takeover of the club during the summer at the latest Supporters’ Advisory Group (SAG) meeting.
Minutes from the latest meeting between club chief executive Angus Kinnear and representatives of the SAG have been released, in which details regarding ownership, stadium redevelopment and the January transfer window were discussed. Kinnear said the 49ers’ takeover has had a positive effect on club funding, including proposed stadium and training ground upgrades, as well as prospective work in upcoming transfer windows.
With respect to the ownership of Elland Road, Kinnear admitted the transfer of such an asset is a lengthy process but communicated to members of the SAG the ‘entities which own the 49ers will own the stadium’, although did not offer a time-frame. Leeds’ most recent set of accounts, up to June 2022, confirmed that Elland Road’s absorption by the 49ers is in motion.
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