Next Game

Birmingham v Leeds

Saturday, 13 September 2014, 12:15

Sky Bet Ch'ship

Elland Road

Last Game

Leeds 1 - 0 Bolton

Saturday, 30 August 2014, 15:00

Sky Bet Ch'ship

Cellino to sell Cagliari

Leeds owner Massimo Cellino has revealed he has agreed to sell Serie A club Cagliari to an unnamed American investment group.

Last Updated: 28/05/14 at 14:15 Post Comment

Massimo Cellino: Set to sell Serie A club Cagliari

Massimo Cellino: Set to sell Serie A club Cagliari

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Cellino met with the potential buyers, led by Italian businessman Luca Silvestrone, in Miami on Tuesday afternoon to finalise the agreement.

The deal, worth a reported 85million euros (£69m), is expected to be completed by the end of the week.

"I am delighted," Cellino said to Gazzetta dello Sport. "We have reached an agreement and we have signed a letter of intent that foresees their takeover of the club.

"Now they will have to fight with the (Italian) bureaucracy.

"I hope they will be allowed to do what I wasn't given permission to do (to build a new Cagliari stadium)."

Cellino purchased Cagliari in 1992 and had been looking to sell the Sardinia-based club since acquiring a 75 percent stake in Leeds earlier this year.

Should the sale go through, Cagliari would become the third Serie A club to be foreign-owned - Roma have been controlled by an American consortium since May 2011 while Indonesian tycoon Erick Thohir acquired Inter Milan last year.

Cagliari finished 15th in the Serie A standings, seven points clear of the drop zone.

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Related News

Most Commented

Readers' Comments

E

ven if United were to sign CR7 & Messi to play upfront, the fact remains Fletcher and Cleverly are playing in midfield. That's where the problem is. Fletcher is too slow with an awful pass, while Cleverly is simply rubbish

mrunited4life
Di Maria - A Signing of Necessity, or Opportunity?

T

hese days, these days, you can't say something racist without somebody saying that you're a racist.

tk421
'Wrong' Views Not Silenced By Shouting...

D

rop Rooney (he's so disappointing, overrated and overpaid), and play Di Maria and RVP upfront, much like the set up at the Netherlands team with Roben and RVP...

eric bush3
Di Maria - A Signing of Necessity, or Opportunity?

Footer 365

Premier League: Mark Hughes wants Stoke to push on after win at Manchester City

Mark Hughes has urged Stoke to push on in the Premier League after they stunned Manchester City 1-0 at the Etihad.

Ronald Koeman: Morgan Schneiderlin stays at Southampton

Southampton boss Ronald Koeman praised Morgan Schneiderlin for his two-goal display in Saints’ 3-1 win over West Ham.

Premier League: Southampton's Morgan Schneiderlin in plea after thwarted move

Morgan Schneiderlin has appealed to Southampton fans after a thwarted attempt to leave St Mary's.

Mail Box

Surely A Spurs Fan Should Remember...

...what happened to the fourth Champions League place the last time an English team won the thing. Plus, who would want to pay £60 to watch the current England team?

Ginger Pirlo? Don't Make Me Laugh...

A Sunderland fan in the mailbox is surprised by Jack Colback's call up to the England squad. Plus, thoughts on Welbeck and Liverpool's Champions League draw...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property