By Dan Moorhouse
Rumours of a large development taking place at Valley Parade have been circulating amongst fans for some time now. Today it has emerged that Giovanni Paladini is now listed as a Director of Bradford City (Holdings) Limited: http://www.companydirectorcheck.com/giovanni-paladini-3
Paladini has been involved in English football before. The multi-millionaire has been a majority shareholder at Queens Park Rangers and in 2012 was interested in purchasing Birmingham City.
Worth some £140 million, it is rumoured that Paladini is buying a stake in the club for £5 million and repurchasing the valley Parade stadium at a cost suggested to be in the region of £6 million.
If true this would free up a large amount of funds for investment in the squad and the clubs infrastructure: currently the football club have to rent back the Valley Parade ground. At Queens Park Rangers his involvement coincided with investment in the playing squad and their resurgence as a footballing force.
It has long been said by joint chairman, Mark Lawn, that investment would be welcomed if it would benefit the club in the long term. Having a wealthy benefactor would most certainly be welcomed by Bradford City supporters following ten seasons languishing in the lower divisions.
Paladini has been registered as a Director with Companies House since early February. To date the football club have made no comment about this development and Paladini is not listed on the club websites directory.
