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Friday briefing: Leeds chairman offers Elland Road as collateral in Sampdoria takeover bid

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Leeds United’s chairman, Andrea Radrizzani, offered to use the club’s Elland Road stadium as collateral for a £26 million bank loan as he sought to buy Sampdoria.

As revealed by The Athletic, the €30 million loan, which would be borrowed from Italian bank Banca Sistema, was intended to support a takeover bid for the Italian club Sampdoria by Radrizzani’s company, Aser, and its bidding partner, Gestio Capital.

Under a heads of terms agreement, Elland Road would serve as sec

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