NFL's 49ers increase Leeds ownership

San Francisco 49ers Source: AAP

The NFL's San Francisco 49ers have increased their investment in Premiership League club Leeds United by 22 per cent to bring their minority stake in the club to 37 percent.

The new investment also sees Paraag Marathe, 49ers Enterprises President and current Leeds board member, become the vice chairman at the Yorkshire-based club.

Leeds chairman Andrea Radrizzani, who bought Leeds from Massimo Cellino in 2017, will remain the club's majority stakeholder.

"We are delighted to welcome further investment into our club from 49ers Enterprises and I am confident that this latest partnership will help Leeds United continue to grow and develop into the team our supporters deserve," Radrizzani said in a statement on Monday.

"I have always been open to bringing partners on this journey with me, as long as these actions can benefit the long-term strategy of the club."

Source AAP