Leeds United confirm takeover agreement with 49ers Enterprises
The investment arm of the NFL franchise, San Francisco 49ers, have been a shareholder in the West Yorkshire outfit since an initial investment in 2018.
Over the last few years, their stake increased to 44%, while Aser Ventures owned the remaining majority.
Leeds have confirmed that a complete purchase has now been agreed.
"Both parties continue to work through the details, and further updates will be provided soon," the club said in a statement.
"All of our focus remains on a quick return to the Premier League."
Several reports claim a valuation of Leeds has been agreed at around £170 million.
It should be noted, Aser Ventures recently bought a stake in Italian club Sampdoria.