Cellino's Leeds takeover wait

Prospective Leeds owner Massimo Cellino has been told he must wait to complete his takeover of the Championship club as the Football League gathers more information about the Italian.

Last Updated: 25/02/14 at 19:09 Post Comment

Massimo Cellino: Takeover of Leeds put on hold

Massimo Cellino: Takeover of Leeds put on hold

More of the games that matter

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

The club's current owners Gulf Finance House Ltd (GFH) confirmed earlier this month that they agreed the sale of the club to Eleonara Sport, owned by Italian Cellino. Cellino will spend £25million to own a 75% share of the Yorkshire outfit.

The Football League met to discuss Cellino's potential buy-out on Tuesday, but have requested more time to rubberstamp the deal as they seek more information on the Miami-based businessman.

In a statement, the Football League said: "The Football League remains in discussions with both the owners and proposed purchasers of Leeds United, regarding the planned change of ownership.

"To date, a significant amount of the requested information has been supplied by GFH and Eleonora Sport, but there are still a number of outstanding matters that will require further submissions from the two parties.

"The board of the Football League is next scheduled to meet on March 13 where it will receive an update on the matter from the League's executive, unless all the remaining issues can be resolved satisfactorily in advance of this date."

Cellino has previous convictions from his time in Italy, where he owns Serie A club Cagliari.

Cellino made his first public outing since agreeing to buy the club during Saturday's 0-0 draw against Middlesbrough at the Riverside Stadium.

More of the games that matter

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

Related News

Most Commented

Readers' Comments

I

still can't see the Phil Jones thing that some people go on about. Whenever I watch him play it's a repeat of headless chicken meets a gurning Bambi on ice for 90 minutes.

diabolicaldiaby
F365's Top Ten Defenders Of The Season

P

robably the first list I've come across in a long time where I agree with a large majority of what was written. Can't agree with everything though, Zaba has had an awful season by his standards, I'd put Monreal (a player who I've never rated) up there, gotta give credit where it's due, he's really stepped up his game.

scroteymcbooger
F365's Top Ten Defenders Of The Season

S

ome top analysis here..... UNITED WOULD BE TOP IF IT WEREN'T FOR ALL THEM GAMES THEY LOST

benvo81
United Progress Stifled By Bottom-Half Record

Footer 365

Swansea's Bafetimbi Gomis could return from injury against Arsenal

Swansea striker Bafetimbi Gomis could return to action against Arsenal after nearly a month on the sidelines.

Juventus 2-1 Real Madrid: Carlos Tevez penalty hands Juve first-leg lead

Juventus will take a narrow lead into their Champions League semi-final second leg with Real Madrid after a 2-1 win in Turin.

Newcastle captain Fabricio Coloccini says sorry to supporters

Newcastle United captain Fabricio Coloccini has written a letter to fans apologising for recent poor results.

Mail Box

How Is Coutinho Rated Above Cazorla?

We have a mailbox packed full of views on Santi Cazorla, what Arsenal and United need this summer, the idiocy of St Totteringham's Day and rather a lot more...

Arsenal Need Three. These Three...

One mailboxer has the realistic answers to Arsenal's summer transfer needs. We also have plenty more on Newcastle fans, handballs, Chelsea selling and Johnny...

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