Leeds United’s owners are going to try and bring the club back to the top of the game as they look to redevelop Elland Road.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider the stadium expansion must be at the centre of 49ers Enterprises and Red Bull’s plans for future growth and success.
Leeds confirmed in a statement on their website on 10 July Elland Road has been transferred back to the club after it was sold in 2004 following financial issues.
iNews reported in April the club are continuing their due diligence around a possible expansion of the stadium to more than 50,000.
Leeds United stadium plans must be at heart of future growth
But Borson warned any potential spending on Elland Road must be controlled after several clubs have surpassed their stadium development budgets in recent years.
He told Football Insider: “It’s important that the stadium is a focal point for the city.
“It needs a lot of redevelopment. It’s an underdeveloped site, so there is a lot of work to do there.
“But it has to be part of the whole development of the club under the ownership that it’s got.
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