Leeds United reveals new ownership of club after announcing recent Elland Road expansion plans

Promotion, under the ownership of the 49ers, looks set to mark the start of a very bright new dawn for Leeds United.

The 49ers have been involved with Leeds United since 2018, completing a full takeover of the club in 2023 with Paraag Marathe being installed as the club’s chairman.

And Marathe is flying into the UK this week to watch the final game of the season away at Plymouth Argyle, before holding crunch talks with Daniel Farke.

Farke is reportedly facing the sack at Leeds United despite guiding the club to promotion at the second time of trying. Some reports though have suggested that Farke will be staying at Leeds United for next season.

Nonetheless it remains an exciting period for the club, made more so by the club’s recent announcement regarding the long-awaited Elland Road expansion.

Leeds United need to raise £100m for Elland Road expansion

It’s been suggested that the Elland Road expansion could begin in Autumn this year. It comes after the club released new concept images of how the stadium could look once fully expanded and refurbished and it’s certainly gotten a lot of Leeds United fans excited.

The plan is to increase the capacity from just under 38,000 to somewhere in the region of 53,000. But The Athletic have revealed the first of no doubt many hurdles in the whole project, and that’s the funding. Beren Cross writes that the club still needs to raise £100million.

But Cross adds that ‘the club is confident of raising’ the money needed ‘to ensure the redevelopment gets over the line’. Cross also states that ‘promotion has not been cited as the key to starting work, but it will make life a lot easier for the club as they hope to progress along this road’.