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.

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

W

e'll be fine, no problem. If they do get relegated, he's definitely going to ask how anyone could ever have thought that Villa were going to be fine given their problems before he came.

treeman1
Premier League Winners And Losers

S

toke though. Hmn. I don't think it was defending that made people dislike Stoke so much as the out and out cheating/nastiness they regularly displayed. That, and they kept buying the odd flair player and then ruining them (Oh! Tuncay, what were you thinking?).

megabrow (cufc)
Being Defensive About Being Defensive...

W

ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

mumbo_jimbo
Van Gaal: Luck is key

Footer 365

Manchester United winger Di Maria was 'too ugly' for Real Madrid

Former Barcelona coach claims Real Madrid sold Angel Di Maria to Manchester United because he was 'too ugly' for them.

Adam Johnson arrested

Adam Johnson arrested on suspicion of sexual activity with a girl under 16.

West Brom boss Pulis to talk to Sessegnon about diving

West Brom boss Tony Pulis will talk to Stephane Sessegnon about diving after the forward was booked for simulation.

Mail Box

Henderson The Best Midfielder In PL?

Jordan Henderson is named by two afternoon Mailboxers as the PL's best midfielder, while another suggests Man United are trying to emulate Barca...

Jose Settles Most Boring Team Debate...

There's lots of reaction to Chelsea and Liverpool's wins on Sunday, plus one Mailboxer asking: Who is the Premier League's best midfielder?

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