Andrea Radrizzani has completed a 100% takeover of Sky Bet Championship side Leeds United.
The club confirmed their takeover this evening (May 23) on their official website.
Radrizzani originally purchased 50% of the club in January, but has today acquired the other 50% from previous owner Massimo Cellino, and is now in complete control of Leeds United.
Speaking to the official website, the new Leeds United chairman said: “I am delighted to have the opportunity to become a custodian of this great football club.”
“The heritage and history of Leeds United attracted me to the club and having spent time at games and at Thorp Arch, I can see that we are ready to move forward to the next level.”
Radrizzani spoke extremely optimistically about the future of the football club.
“This is a long-term commitment. There is a lot of hard work ahead of us and I am aware of my responsibilities as owner of Leeds United.”
“I can assure all supporters that everyone at this club will be doing all we can to build a successful team at Elland Road.”
Now that the takeover has been completed, Leeds United fans will be hoping that a new deal can be struck to keep boss Garry Monk at Elland Road.
Reports from earlier today suggested that talks were underway, and Radrizzani has already confirmed his interest in keeping Monk at the club, despite interest from Middlesbrough and Sunderland.
Leeds United finished seventh in the Sky Bet Championship last season, but will be optimistic of pushing on and reaching the top six now that the negativity of the takeover has been lifted.