Leeds repurchase home ground Elland Road

Elland Road has been Leeds' home ground since 1919 but the club sold their stadium in 2004, signing a 25-year lease with a buy-back option. The ground was then sold to British Virgin Islands-based Teak Trading Corporation in 2005.





"Leeds United are delighted to announce that Greenfield Investment Pte Ltd, an Aser Group company and parent company of Leeds United Football Club Limited, has completed the purchase of Elland Road Stadium," the club said on their website (www.leedsunited.com).

Leeds' chairman Andrea Radrizzani, who became the owner after completing a takeover in May, announced his intention of buying Elland Road soon after his appointment.

"Today is an important day in our history and a proud day for me and my team," Radrizzani said.

"When I met with both management and supporters during my first few months at the club, the purchase of Elland Road was very high on their list of priorities and I'm delighted to be able to announce that we have completed that process today."

Leeds finished seventh in the Championship last season and appointed new manager Thomas Christiansen earlier this month with the hopes of gaining promotion to the Premier League next campaign.





(Reporting by Aditi Prakash in Bengaluru; editing by Amlan Chakraborty)


Share

1 min read

Published

Source: Reuters



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world