The Elf and Step Brothers actor has bought a large stake in the US-owned side as they prepare for a fight to return to the Premier League in the play-offs.
Leeds are hoping to seal promotion back to the Premier League, having missed out on automatic promotion to Ipswich Town on the final day of the season.
Sources close to Ferrell say he is a ‘proud Leeds United supporter’ and is planning to ‘cheer them on at Elland Road’ soon.
“It’s true – Will Ferrell owns a share of Leeds,” a source told The Sun.
“The 49ers will be announcing his involvement in the coming days and he’s looking forward to sprinkling a little stardust on the club,” he continued.
“He loves soccer and has been particularly impressed by the passion of the English game.
“And his aim now is to see Leeds back where they belong — in the Premier League. As far as Will and the 49ers are concerned, this is a serious investment opportunity.”
It is not Ferrell’s first venture into football – or soccer – as the Hollywood star is also co-owner of Los Angeles FC.
Ferrell has also formed an unlikely friendship with England and Manchester City star Jack Grealish.
He is also good pals with Wrexham FC owners, Ryan Reynolds and Rob McElhenney, who have owned the Welsh club for several years.
Will Ferrell to be announced as new Leeds United investor:
Clearly inspired by the Ryan Reynolds and Rob McElhenney story at Wrexham, Ferrell is set to be announced as a new investor at Elland Road.
Considering some of the financial concerns floating around the club this season, a new income of money will be a very welcome idea at Elland Road, especially for the 49ers.
Ferrell is already a co-owner of Los Angeles FC in MLS, which shows he has prior experience in the sport over in America.
With the hope of playing a part in the club securing promotion to the Premier League this season, this news will come as a timely boost ahead of the Championship play-offs.
Of course, Daniel Farke and his players will be disappointed by the manner in which they missed out on automatic promotion, having lost four of their last six matches of the season.
This allowed Ipswich Town to pip them to second place in the Championship table with a final-day win over relegation-bound Huddersfield Town.