Cellino's takeover ratified

The Football League has ratified Massimo Cellino's takeover of Leeds United and cleared him to become a director of the club.

Last Updated: 11/04/14 at 06:34 Post Comment

Massimo Cellino: Leeds takeover ratified by Football League

Massimo Cellino: Leeds takeover ratified by Football League

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Cellino was initially barred from taking over at Elland Road after the League blocked the Italian businessman's bid last month, deciding a conviction of tax evasion in a Sardinia court disqualified him under its owners' and directors' test.

That decision was overturned on appeal and the Football League has confirmed it will not prevent him from taking up his position, although it may reconsider that after seeing the written explanation of the conviction in his home country.

"At its meeting in London today, the board of directors of the Football League considered the outcome of the recent appeal by Massimo Cellino under the owners' and directors' test," read a Football League statement.

"In making its original decision, the board took the view that Mr Cellino's recent conviction in Sardinia was for an act that 'would reasonably be considered to be dishonest' and that he was therefore subject to a disqualifying condition.

"In the current absence of detailed reasons for the conviction from the Sardinian Court and having taken into account the principles of Italian law, an independent QC reached a different conclusion.

"On this basis, Massimo Cellino is cleared to be a director of Leeds United."

Leeds manager Brian McDermott admits he is feeling more settled now the question of the club's ownership has been resolved, despite United's poor form continuing to give cause for concern.

McDermott looked to be heading for the Elland Road exit door when Cellino first attempted to buy the club in February but he remains in charge and is looking to the future.

"This is a new chapter, Massimo has come in and we have got a resolution on the club and that can only be good news," he said.

"I think it is a blank sheet and we can move forward and the most important thing is to concentrate.

"We have still got five games to go and we need to get a win on Saturday (against Blackpool), get off this run we are on and go into the summer.

"I am just looking at being the manager of Leeds United. I had three difficult months but I am in a good place now because the ownership is resolved, not as far as the results are concerned, but because I know the club is in safe hands."

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Transfer News: Hibernian capture young midfielder Scott Allan from West Brom

Hibernian have signed former Scotland Under-21 international Scott Allan from West Brom.

Transfer news: Frank Lampard signs for New York City FC

England midfielder Frank Lampard has confirmed he will join the MLS team New York City FC on a two-year contract.

Transfer news: Adem Ljajic wants to stay at Roma

Serbia international Adem Ljajic has reiterated his desire to stay at Roma and fight for a regular starting berth.

Mail Box

Pre-Season Obviously Isn't Meaningless

The debate over the importance of pre-season continues, including a league table from last season for stats fans. Plus travelling to watch your team and Blackpool...

Definitely Not Getting Giddy Over A Friendly Win

We have some conclusions from Louis van Gaal's perfect start, plus a dismissal of fantasy football, worries about La Liga's greediness and thoughts on Real with Ham-ez...

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