Elland Road returns to Leeds United ownership

The parent company of Leeds United has acquired Elland Road, returning it after more than a decade to the ownership of the football club.

Greenfield Investment Pte, an Aser Group company belonging to chairman Andrea Radrizzani, has acquired Elland Road Stadium for the club.

The Old Peacock Ground has been Leeds’ home since 1919 and today’s and it was sold in 2004, during a period of financial difficulty.

Chairman Andrea Radrizzani said: “Today is an important day in our history and a proud day for me and my team.

“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.”

Leader of Leeds City Council, Councillor Judith Blake also commented on the purchase of Elland Road, stating: “It is fantastic news that the club have confirmed the buy-back of Elland Road Stadium.

“This is an extremely positive step in the right direction for everyone associated with Leeds United and especially the club’s tremendous and loyal fans.

“As we prepare for the new season to begin in August, I very much welcome the intent being shown by Andrea to move the club forward with real purpose and ambition.”

Work to improve and update Elland Road has already begun and will be completed by the start of the season.