The San Francisco 49ers will take a greater role in the running of English Premier League club Leeds after raising their stake to 37% on Monday.
Paraag Marathe, the president of 49ers Enterprises, will become vice chairman of the northern English club under Andrea Radrizzani, who remains the majority owner.
The 49ers first bought 15% of the team from Radrizzani in 2018 and the club has since secured promotion back to the Premier League after a 16-year absence — making increased investment from the NFL franchise more desirable.
“Our investment two-and-a-half years ago was to dip our toes in the water,” Marathe told The Associated Press.