Andrea Radrizzani

Andrea Radrizzani (born 10 September 1974) is an Italian businessman and the majority owner of Premier League football club Leeds United. He is also the chairman and founder of the sports broadcasting group Eleven Sports.

Andrea Radrizzani
Radrizzani in 2020
Born (1974-09-10) 10 September 1974
Rho, Milan, Italy
Alma materLibera Università di Lingue e Comunicazione IULM
OccupationFounder and group chairman of Aser Ventures; majority owner and chairman of Leeds United, chairman and founder of Eleven Sports, founder of LIVENow; founder of NEO Studios, founder and chairman of Play for Change Foundation.
Net worthUS$550 million (2018)[1]
Websitewww.aser.com

Early life and education

Radrizzani was born in Rho, a metropolitan area of Milan. He graduated with a degree in public relations from IULM University in 1996.

Early career

Early career and MP & Silva

A self-made businessman, Radrizzani began his career in sports media in 1999 with digital sports content distributor Media Partners and founded Media Partners’ China business.

He co-founded MP & Silva in 2004 from Singapore, which went on to become an international sports rights company with 20 offices around the world – working in partnership with rights holders, including the Premier League, UEFA, F1, La Liga, NBA, and WSBC.

Radrizzani led media rights distribution agreements with selected Serie A teams in 2004, before acquiring the rights for the majority of Serie A teams in 2006. MP & Silva went on to build-out its European football rights portfolio in Asia. In 2010, Radrizzani negotiated a new media rights partnership with Arsenal FC. The following year, he helped MP & Silva acquire pan-European rights for the French Open. In 2013, Radrizzani led MP & Silva's negotiations to secure the Premier League's broadcast rights in 51 territories, including the Middle East. The agency also bought Formula One rights in MENA and some selected European countries. Radrizzani was also responsible for leading rights distribution deals with Roland Garros, Bundesliga, La Liga, Ligue 1 among others.

In 2014 Radrizzani stepped back from day-to-day MP & Silva operations. In May 2016, following the $1 billion sale of MP & Silva to a Chinese investment group, Radrizzani was appointed vice chairman of MP & Silva. On 17 October 2018, the High Court ordered the winding-up of MP & Silva.

Aser Ventures

Radrizzani founded the investment platform Aser Ventures in 2015. Through Aser, Radrizzani has gone on to invest in existing sports, media and entertainment companies in addition to launching his own ventures including Leeds United, broadcaster Eleven Sports, Whistle Sports, Neo Studios and LIVENow.

Eleven Sports Network

Through Aser, Radrizzani launched the international sports broadcaster Eleven Sports in 2015. Eleven has channels in Belgium, Luxembourg, Portugal, Poland, Italy, UK, Taiwan, Myanmar and Japan – and a rights portfolio that includes La Liga, Serie A, the Bundesliga, Premier League, UEFA Champions League and Formula 1.

Leeds United

Radrizzani is Leeds United's chairman and the club's majority owner.

In January 2017, through Aser, Radrizzani made an investment in 50 percent of the share capital of Leeds United, making him co-owner of the club.[2]

On 23 May 2017, Radrizzani announced the 100% buyout of Leeds United, buying the remaining 50% shares from previous co-owner Massimo Cellino, with Radrizzani taking full ownership of the club.[3] Radrizzani's ownership of the club got off to a dramatic start; on 25 May, only two days after the takeover, the day before Leeds were set to activate the option to extend Garry Monk's contract, Monk resigned as Leeds United head coach, with new owner Radrizzani saying that Monk's decision to quit the club had been a 'shock'.[4][5] After taking over the club he made changes to Leeds' backroom staff, including appointing Victor Orta as director of football, Ivan Bravo as Director of Strategy and Angus Kinnear as Chief Executive.

On 15 June 2017, Radrizzani appointed his first head coach when APOEL manager Thomas Christiansen was announced as the new head coach of Leeds United[6] to replace the departed head coach Garry Monk, with the club announcing that they "wanted to appoint someone who can help us create a winning culture at the club and unite everyone connected with Leeds United, from the players to the supporters".[7]

On 26 June, Radrizzani brought back Leeds Ladies to Leeds United ownership to become Leeds United Ladies again after the club had previously become its own entity after previous owner Massimo Cellino decided to stop Leeds United funding in 2014.[8]

On 28 June 2017, Radrizzani completed the purchase of Elland Road, making the stadium property of Leeds United for the first time since 2004.[9]

On 3 January 2018, Radrizzani announced an official partnership for Leeds with Aspire Academy in Qatar.[10] Aspire own Spanish team Cultural Leonesa who have seen Leeds players Yosuke Ideguchi and Ouasim Bouy both join them on loan as part of the unique partnership.[11]

On 24 January 2018, Radrizanni introduced a new Leeds United badge which would be worn for the 2018/19 season onwards depicting the "Leeds Salute".[12] However, the design of the new badge attracted criticism from huge numbers of fans,[13][14] resulting in an online petition over 77,000 signatures strong against the design's introduction.[15] Radrizzani and the club decided to "re-open the consultation process" in light of the poor reception the new crest engendered.[15]

On 4 February 2018, Head Coach Thomas Christiansen was dismissed by Radrizzani, despite a promising start to his reign, after a poor run of results and with the team tenth in the table.[16] On 6 February 2018, Radrizzani appointed Barnsley Manager Paul Heckingbottom as the new head coach of Leeds United on an 18–month contract to replace Christiansen.[17][18]

On 7 March, towards the end of Leeds' 0–3 defeat against Wolverhampton Wanderers, just before the final whistle, Radrizzani in a series of Twitter posts, questioned the legality and fairness of the competition.[19] On 12 March, Radrizzani made public his decision to seek clarity from the Football League regarding league leaders Wolverhampton Wanderers, to seek clarification of the link with Wolves and 'super agent' Jorge Mendes.[20]

In March 2018, Radrizzani announced that Leeds United would be going on a post-season tour of Myanmar in May 2018 to play two friendlies.[21] However, the tour announcement drew criticism nationally and from MP's and Amnesty International due to the political situation in the country.[22][23] Radrizzani defended the choice of location, declaring that 'This is about people not governments'.[24]

In Radrizzani first season of sole owner, after being top of the League for the first quarter of the season, and dropping to fifth at the halfway point, Leeds missed out on playoffs completely at the end of the 2017–18 season, after a disappointing run of form in the second half of the season, finishing thirteenth in the table.[25]

On 24 May 2018, Radrizzani and Leeds United announced that 49ers Enterprises had bought shares in the club to become a minority investor, the 49's Enterprises is the business arm of the NFL side San Francisco 49ers owned by Denise DeBartolo York, Jed York and John York.[26]

Head Coach Paul Heckingbottom was sacked by Radrizzani on 1 June 2018, Heckingbottom had been at the club for just four months.[27]

Argentine manager Marcelo Bielsa was named by Radrizzani as the club's new head coach on 15 June, to replace Paul Heckingbottom, signing a two-year contract with option of a third year, after two weeks of negotiations with the club. In doing so he became the highest-paid manager in Leeds United history.[28][29]

Radrizzani entered late talks to buy Italian Serie B side F.C. Bari 1908 in July 2018, to become a co-owner/investor, Radrizzani pulled out of the deal, due to a financial deadline due to F.C. Bari 1908 's financial situation, Radrizzani on 16 July 2018 revealed 'Unfortunately, the short time available to perform detailed and thorough due diligence checks, force us reluctantly to abandon this idea and challenge'.[30]

On 31 July, Radrizzani signed Striker Patrick Bamford to Leeds for £7 million (rising up to £10 million), the move represented the highest fee Leeds had spent on a player since Robbie Fowler's move to the club in 2001.[31][32][33]

After the sale of promising young player Ronaldo Vieira to Italian side Sampdoria on 1 August, Radrizzani defended the sale to supporters by saying 'We cannot buy players and never sell players.'[34]

During the 2018–19 Leeds United F.C. season, Radrizzani Leeds' finished the regular season in third place after dropping out of the automatic promotion places with 3 games left after a defeat to ten-man Wigan Athletic on 19 April,[35] Leeds qualified for the playoffs versus sixth-placed Derby County, including starting in first leg of the playoffs in a 1–0 win at Pride Park, to bring into a 1-0 aggregate lead into the home leg at Elland Road, however Leeds lost the second leg 2–4 with Leeds also down to ten men after the red card of Gaetano Berardi,[36] the loss saw Derby progress 4–3 on aggregate to the final against Aston Villa and Radrizzani's club narrowly miss out on promotion.[36]

In August 2019, Radrizzani was one of the main stars of Leeds United documentary 'Take Us Home' documenting the 2018–19 season on Amazon Prime, featuring in all episodes, the documentary was narrated by Academy Award winning actor and Leeds United fan Russell Crowe.[37][38][39][40]

On 23 September 2019, Radrizzani was present at The Best FIFA Football Awards 2019 as Leeds Head Coach Marcelo Bielsa and the entire Leeds United squad won the FIFA Fair Play Award: 2019 for Bielsa's sportsmanship in May 2019 to allow Aston Villa to score a goal unopposed in a game in which the ultimate result ended Leeds' 'mathematical' chances of automatic promotion the prior season.[41][42][43]

Leeds United's 2019/20 Championship season began with a 3–1 victory over Bristol City on 4 August 2019. The aim for the season was promotion and the club started well, with 13 points from the first five matches.

Leeds were a leading team throughout the 2019/20 season and never fell below 5th place in the table. Leeds’ largest victory of the campaign was a 5–0 victory over Stoke City on 9 July 2020. On 17 July 2020, Leeds United were assured of promotion to the Premier League, returning to the top flight after 16 years. On 22 July 2020, Leeds finished the season with a 4–0 victory over Charlton Athletic, before lifting the Sky Bet Championship trophy at Elland Road. Leeds amassed 93 points during the Championship season, with 28 wins and 77 goals scored. Ultimately, the club was crowned champions after finishing the season 10 points clear of second-placed West Bromwich Albion.

On 8 July 2020, Leeds United's Academy was awarded Category One status by the Premier League due to the club's commitment to developing young players. It is the first time in Leeds history that the Academy has reached Category One status.

Whistle

Radrizzani's company Aser bought an equity investment in the digital media network Whistle Sports on 21 June 2018.[9] Radrizzani is a director of Whistle.

LIVENow

Through Aser, Andrea Radrizzani founded the pay-per-view platform LIVENow in 2020 to provide access to live sport, fitness, dance, music and corporate events.

Neo Studios

Radrizzani founded production company Neo Studios in 2019. Neo were executive producers of the Leeds United Amazon documentary Take us Home.

Additional investments

Radrizzani has invested in a number of additional sports, media and entertainment companies with Aser, including Italian based digital media network Hellodì, San Francisco-based technology startup Sports Data Labs, the football news app One Football, the digital entertainment brand Epico, the sports agency Base, OTRO and the production company Easyprod.

Sports media rights expertise

Radrizzani is experienced in media rights in sport.[44] He specialises in digital media[45] and international sports media.[46] During his career Radrizzani has built partnerships with major rights owners including the Premier League, Bundesliga, La Liga, Serie A, UEFA, F1, NBA, NFL and WSBC and clubs including AC Milan and Arsenal. He has negotiated rights deals with Bein Sports, Canal +, ESPN, Eurosport, ITV, CCTV, Direct TV and others. Radrizzani has worked alongside senior executives from the media and finance industries, funds and principals throughout his career.

Play For Change

Radrizzani is also founder and chairman of the Play for Change Foundation, a charity that runs sport and education programmes for children in his native Italy and internationally.

References

  1. https://www.leeds-live.co.uk/sport/leeds-united/leeds-united-championship-richest-owners-14403658
  2. "ASER GROUP HOLDING ACQUIRES 50% OF LEEDS UNITED". www.leedsunited.com. Retrieved 19 March 2018.
  3. "CLUB STATEMENT". Leeds United F.C. 23 May 2017. Retrieved 23 May 2017.
  4. "Garry Monk resigns as Leeds United head coach with Aitor Karanka job swap on the cards". Telegraph. 25 May 2017. Retrieved 25 May 2017.
  5. "Garry Monk: Leeds United head coach resigns after one season". BBC. 25 May 2017. Retrieved 25 May 2017.
  6. "Thomas Christiansen: Leeds United name ex-Spain international as head coach". BBC News. Retrieved 15 June 2017.
  7. "HEAD COACH APPOINTED". Leeds United. Retrieved 15 June 2017.
  8. "LEEDS UNITED LADIES ARE BACK". Leeds United. 26 June 2017. Retrieved 26 June 2017.
  9. Phil Hay (28 June 2017). "Leeds United become owners of Elland Road once again". Yorkshire Evening Post. Retrieved 28 June 2017.
  10. "LEEDS UNITED LAUNCH ASPIRE ACADEMY PARTNERSHIP". www.leedsunited.com. Archived from the original on 4 January 2018. Retrieved 19 March 2018.
  11. "Aspire-owned Cultural Leonesa hope to shock Real". 25 October 2016. Retrieved 19 March 2018.
  12. "A NEW ERA FOR LEEDS UNITED INTRODUCING OUR NEW CREST FROM 2018/19". leedsunited.com. Leeds United F.C. 24 January 2018. Archived from the original on 24 January 2018. Retrieved 24 January 2018.
  13. MacInnes, Paul (24 January 2018). "'It looks like a Gaviscon ad' – Leeds United criticised for new club crest". The Guardian. Guardian Media Group. Retrieved 24 January 2018.
  14. "Leeds United: New club crest mocked by social media users". BBC Sport. British Broadcasting Corporation. 24 January 2018. Retrieved 24 January 2018.
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  17. "Paul Heckingbottom appointed head coach". Leeds United F.C. 6 February 2018. Retrieved 6 February 2018.
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  19. BBC Sport (7 March 2018). "Leeds United: Andrea Radrizzani questions legality of Wolves/Jorge Mendes links". BBC Sport. Retrieved 7 March 2018.
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  44. Big Interview – MP & Silva | Sport Industry Group News
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  46. MP & Silva to feed Asia's passion for English football « Soccerex Archived 19 May 2014 at the Wayback Machine
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