Leeds United get ownership boost after Spanish stake agreed - Finance Expert
Below is a summary of the full article. Click here for the full version from Football Insider or go back to LFC Live.
Sun 26 April 2026 20:00, UK Leeds United’s ownership have gained a long-term boost after IDC Sports confirmed a new investment.That is according to ex-Everton, Aston Villa and Aberdeen chief executive Keith Wyness, speaking to Football Insider, after IDC Sports acquired a minority stake in Atletico Madrid.IDC Sports has owned a minority stake in Leeds since September 2025, who are owned by 49ers Enterprises.The move could give Leeds more financial backing as they look to establish themselves as a Premier League club, and to fund an expansion of Elland Road.Leeds announced a loss in their 2024-25 accounts when the club were in the Championship, with Premier League football set to increase revenue and improve their financial position. 💰 Leeds United Finance Update 💰 Inside the transfer budget, player wages, new kits, stadium news, 49ers Enterprises accounts and boardroom developments. VISIT THE LEEDS FINANCE HUB MORE FOOTBALL INSIDER STORIES Leeds United in ‘good position’ after IDC Sports newsEverton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – believes IDC Sports’ venture into Atletico Madrid is only good news for Leeds’ ownership.Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness states that 49ers Enterprises have no plans to sell the club right now.Turnover£136.8mPre-Tax Loss£49.1mMatchday Revenue£31.7mCommercial Revenue£58.1mLeeds United’s 2024-25 financial accounts.He told Football Insider‘s Inside Track podcast: “IDC have just done a deal to buy a portion of Ares’ investment in Atletico Madrid.
“Look, they are a quality operation, and as an investor they take minority stakes. It’s a small stake at Atletico and certainly it’s a good position for them to have in the 49ers, if the 49ers at some stage should look to sell.
“It’s important for them to have as many quality minority owners in there who could be looking at future situations to increase stakes or some other way to get money in at some cases they need to. So yes, I think it’s a good sign for Leeds that IDC are on board.”Leeds line up move for Championship talentSources have told Football Insider that Rennes midfielder Jordan James wants to remain in England following his impressive loan spell at Leicester City.That is encouragement to the likes of Leeds who could make a move for the 21-year-old this summer, as Daniel Farke looks to strengthen his squad depth.James has contributed 11 goals and four assists in the Championship this season, and looks ready to make the step-up to the Premier League. 🚨 Don’t Miss a Beat: Your Leeds United Insider Access Get the full story from Elland Road and Thorp Arch with our dedicated expert hubs: Updated 24/7 with expert analysis from the heart of West Yorkshire.