Quick Facts: Leeds United F.C.
| Controlling Owner | 49ers Enterprises (San Francisco 49ers’ parent group) |
| Key Figure | Paraag Marathe (President, 49ers Enterprises) |
| Ownership Type | Private |
| Full Takeover Completed | 2023 (bought out Andrea Radrizzani’s majority stake) |
| League | EFL Championship (as of 2025–26) |
| Home Stadium | Elland Road, Leeds, West Yorkshire |
| Founded | 1919 |
| Publicly Traded | No |
Who Owns Leeds United?
Leeds United is controlled by 49ers Enterprises, the investment arm linked to the San Francisco 49ers NFL franchise. 49ers Enterprises initially acquired a minority stake in Leeds United in 2018 before steadily increasing its holding. In 2023, the group completed a full buyout of Italian media entrepreneur Andrea Radrizzani‘s majority stake, taking controlling ownership of the club. The face of the 49ers Enterprises investment in Leeds is Paraag Marathe, President of 49ers Enterprises and Vice Chairman of Leeds United. Leeds currently compete in the EFL Championship, the second tier of English football, following relegation from the Premier League in 2023.
About 49ers Enterprises and Paraag Marathe
49ers Enterprises is the business and investment division associated with the San Francisco 49ers NFL franchise, which is controlled by the York family (Jed York is the 49ers’ CEO). The group has expanded its sports interests internationally, with Leeds United representing a high-profile English football investment. Paraag Marathe, one of the NFL’s longest-serving team executives and a leading voice in NFL international strategy, serves as President of 49ers Enterprises and has taken a hands-on role at Elland Road. The American ownership model has brought significant commercial focus and data analytics approaches to Leeds’ football operations.
Key Ownership Highlights
- 49ers Enterprises first bought into Leeds United in 2018 under the previous majority owner Andrea Radrizzani’s Aser Ventures.
- The group completed its takeover in 2023 after buying out Radrizzani, becoming the controlling owner.
- Paraag Marathe serves as President of 49ers Enterprises and plays an active leadership role at Leeds United.
- Leeds were relegated from the Premier League in the 2022–23 season and are competing in the EFL Championship, with aspirations to return to top-flight football.
- The club plays at Elland Road, one of the most atmospheric stadiums in English football, with a passionate global fanbase.
Frequently Asked Questions
Who owns Leeds United now?
Leeds United is controlled by 49ers Enterprises, the investment arm associated with the San Francisco 49ers NFL franchise. The group completed its full ownership takeover in 2023.
Who is Paraag Marathe?
Paraag Marathe is the President of 49ers Enterprises and Vice Chairman of Leeds United. He leads the American ownership group’s strategic involvement with the club.
Is Leeds United publicly traded?
No. Leeds United is a privately owned football club and is not listed on any stock exchange.
What league does Leeds United play in?
As of the 2025–26 season, Leeds United compete in the EFL Championship, the second tier of English football.
