JOURNAL ARTICLE

Leeds United Sells Stake to Seattle Kraken Investor.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hellier, David 3 of 3

Abstract

Leeds United Football Club, owned by 49ers Enterprises, has sold a minority stake to Ackerley Partners, a private holding company that also owns a stake in the Seattle Kraken NHL team. The investment from Ackerley Partners will be used to expand the club's football and commercial operations. Leeds United is currently in third position in the league and is aiming for promotion to the Premier League. The involvement of Ackerley has attracted investment from several athletes. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/11, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • Accession Number:173729816
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