San Francisco 49ers are reportedly set to assume full control of Leeds United by the start of 2024 in a deal worth more than £400m.
The investment arm of the NFL franchise - 49ers Enterprises - has an option for 100 per cent control of the club by January 2024 in a deal which would include ownership of Elland Road.
A full buy-out in excess of £400m was struck in January this year, when the 49ers' stake went up to 37 per cent, but now The Athletic reveals that a deal which could be worth as much as £475m is set to be facilitated in just over two years time.