Hillsborough

Next Game

Sheff Wed v Leeds

Saturday, 25 April 2015, 12:30

Sky Bet Ch'ship

The Valley

Last Game

Charlton 2 - 1 Leeds

Saturday, 18 April 2015, 15:00

Sky Bet Ch'ship

Cellino outlines Prem target

New Leeds owner Massimo Cellino has promised to steer the club back to the Barclays Premier League in two years' time.

Last Updated: 08/04/14 at 20:55 Post Comment

Massimo Cellino: Has Premier League ambitions for Leeds United

Massimo Cellino: Has Premier League ambitions for Leeds United

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Cellino made a successful appeal against the Football League's decision to block his takeover of the Sky Bet Championship club after being convicted of tax evasion last month in a Sardinia court.

The Football League ruled that Cellino had failed their owners' and directors' test but an independent lawyer, Tim Kerr QC, overturned that decision.

The Cagliari owner, whose company Eleonora Sport exchanged contracts with Gulf Finance House Capital on February 7 to buy 75 per cent of the club's shares, told the Sun on Sunday: "I don't want to make promises I can't keep and I admit it will be difficult to get promotion next season. But in 2015-16 we will earn our way back to the Premier League, which is where Leeds belong.

"A lot of work needs to be done on the squad. We need new players. In the summer, we will buy some players. I want to focus on English and international players."

GFH Capital and Cellino had been in dispute over who was responsible for the players' wages.

Bahrain-based investment firm GFH Capital, who bought the club from Ken Bates in December 2012, claimed Cellino was responsible for funding the club's running costs under the terms of the deal.

There were fears that Leeds could slip into administration if Cellino's appeal failed but the Italian will now settle outstanding wages and repurchase Elland Road and the club's Thorp Arch training complex.

Cellino, who met the club's running costs for January and February, added: "Next week I will go to the bank and buy back Elland Road and Thorp Arch. And on Monday I will pay all the wages."

Leeds responded to Cellino's appeal victory on Saturday by announcing that GFH Capital would retain 25 per cent of the club, that Cellino would become club president and that managing director David Haigh would become chief executive officer.

But Cellino clearly sees no role for Haigh going forward, telling the paper: "David has to go. I have had too much of him."

Mike Farnan, head of local consortium Together Leeds, said on Saturday the group would meet next week for talks on a joint approach for taking the club forwards.

But Cellino was less forthcoming and would only say: "I promised I will talk to them and that is what I will do."

Cellino's disqualification under the League's owners' and directors' test related to the non-payment of import duties on his yacht and resulted in a fine of 600,000 euros (£500,800) and the confiscation of the boat.

The 57-year-old's lawyers successfully argued that, because Cellino had appealed against his tax conviction, he is considered not guilty under Italian law. That appeal process could take up to nine months.

The League expressed its disappointment at the ruling and said it would "consider the findings of the appeal".

It is uncertain whether the League will launch its own appeal.

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

Y

ou can win five in a row or lose five in a row... Or in Carver's case you can win one in a row or lose five in a row.

black_waltz
Carver: I'm up to the job

C

AMPAIGN, CAMPAIGN it's a clearly a CAMPAIGN

mario for pm
Chelsea's poor 'respect' rating

S

epp Blatter really is very, very good at this isn't he? Terrible human being, but really good at it.

megabrow (cufc)
Blatter 'like Jesus and Mandela'

Footer 365

Everton 1-0 Swansea: Roberto Martinez insists Romelu Lukaku is the club's designated penalty taker

Everton boss Roberto Martinez insisted Romelu Lukaku is the only penalty taker after his side's 1-0 win over Burnley.

Reading 1-2 Arsenal: Adam Federici's extra-time gaffe sends Arsenal to FA Cup final

Adam Federici's extra-time error gifted Arsenal a 2-1 victory over Reading and a place in the FA Cup final.

Chelsea 1-0 Manchester United: Eden Hazard winner sends Blues 10 points clear

Eden Hazard scored the only goal as Chelsea beat Manchester United 1-0 to move 10 points clear at the top of the table.

Mail Box

Wenger's Titles Down To United Woes...

Well, it's certainly one theory. Man United fans are out in force - decrying Wenger and defending FFP. We have mails on Coquelin, Coutinho and Mediawatch...

Mailbox: The Pros And Cons Of FFP

The mailbox has gone a little bit serious as they debate the pros and cons of FFP. Does it create a closed shop or opportunity? Plus, POTY nominations and...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company