Leeds chairman Andrea Radrizzani's consortium has purchased Italian club Sampdoria.

The recently relegated team is in serious financial trouble and was even in danger of bankruptcy.

However, Radrizzani appears to have secured the finances to save the club, per Gianluca Di Marzio.

The Sky Italia reporter released a statement from Radrizzani announcing the deal.

The Leeds owner stated: “We are nothing short of thrilled to be able to announce that we have completed the acquisition of this extraordinary club.

“The history and coat of arms of Sampdoria are safe and I think my happiness is (for) of all the people who were suffering for these colors.

“My thanks at this time go above all to all those people who worked relentlessly to ensure that this agreement found a just conclusion.

“In particular I have to extend a huge thank you to Matteo (Manfredi, Gestio Capital principal) and to the lawyer De Gennaro. Without them none of this would have been possible. From today we move on.... and I personally can't wait to get to work."