Leeds plan £300m signing spree as 49ers documents leaked
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(Credit: Imago)
James Murray
Wed 10 September 2025 15:37, UK
Leeds United are planning a £300million signing spree after 49ers Enterprises documents have been leaked.
The 49ers have big plans at Elland Road after completing their £170m takeover in July 2023, bringing former owner Andrea Radrizzani’s six-year reign in charge to an end.
Daniel Farke helped Leeds secure promotion back to the Premier League last season after claiming the Championship title.
The Whites also signed Noah Okafor, Jaka Bijol, Lucas Perri, Sean Longstaff, Gabriel Gudmundsson, James Justin, Sebastiaan Bornauw, Dominic Calvert-Lewin and Lukas Nmecha on permanent deals, taking their spending to around £98m.
Credit: Imago
It was revealed in May Leeds’ owners would issue £120m of new shares in the club, with 49ers investors asked to help bankroll the injection.
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The news outlet said it has seen a leaked 50-slide deck, where the 49ers laid out their plans for Leeds over the coming years.
Credit: Imago
The owners projected a £101million spend on new signings this season, £126m for 2026-27 and £89m in 2027-28.
It means there is little cash left in the bank for any further additions in January following their £98m worth of spending this summer.
The Athletic revealed the 49ers currently estimate Leeds to be worth £527.45m, with that figure projected to increase to around £1billion by 2030.
That is due to anticipated strong growth in revenue, which the group are hoping will reach beyond £300m in 2028-29.
Leeds posted a record-breaking Championship revenue in their latest published accounts for 2023-24 despite seeing their turnover fall from £189.7m in 2022-23 to £127.6m.
However, that figure will grow substantially this season after securing their return to the Premier League.
The key for Leeds is remaining in the Premier League as a relegation would come as a major blow for the 49ers and the club overall.
Farke’s side have had a reasonable start to life back in the top flight, having picked up four points from their opening three games of the new season.
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