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

W

inners: All of us watching the latest installment of The Daley Blind Hour. This weeks episode was called Sun Kissed In Merseyside, and although it was a bit of a downer, he was splendid to look at.

tk421
Has Di Maria's Spell In England Turned Sour?

I

think Liverpool should start trying alternative therapy now, given that Sturridge's hips and knees are apparently unfathomable to modern medicine. Voodoo, acupuncture, healing oils, rolling in the snow after a hot bath, its all got to be worth a go now.

slideways
Sturridge doubt for run-in

W

ell thats the most one sided, Mourinho ass kissing, Terry loving conlcusions I have ever read. Does Daniel Storey have a tattoo of the Chelsea crest on his calf too? What a plonker.

goonergo
16 Conclusions: Arsenal 0-0 Chelsea

Footer 365

Bournemouth all but secure promotion to the Premier League with a 3-0 win over Bolton

Bournemouth all but secured promotion to the Premier League with a 3-0 win over Bolton on Monday night.

Jose Mourinho: Cesc Fabregas not in PFA team 'strange'

Chelsea manager Jose Mourinho says it is 'strange' that the PFA Team of the Year has no place for Cesc Fabregas.

Eddie Howe dishes out the plaudits after Bournemouth success

Eddie Howe was keen to share the praise around after Bournemouth effectively clinched promotion to the Premier League.

Mail Box

Mail From Fan Who Craves Relegation...

In this case it's a Sunderland fan who just wants to see a clear-out. We also have mails about Arsenal, Chelsea, Liverpool and Everton. It's long and it's sexy...

Is This What Arsenal Fans Feel Like?

'It's all well with the short and pretty passes, but we did absolute f*** all up front,' writes one Man United fan. We have mails on Chelsea, Brendan Rodgers and...

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