Wednesday, 9 April 2014

Massimo Cellino ‘completes’ takeover of Leeds United

Massimo Cellino has completed his takeover of Championship side Leeds United, according to his lawyers.

He agreed a deal to buy a 75% stake in the club through his company Eleonora Sports in February but his takeover was vetoed by the Football League in March.  

The 57-year-old Italian won his appeal against that ruling on Saturday. 

This could all be smoke and mirrors and Cellino may not actually own Leeds, but for the sake of this post I’m going to assume he does.

If that is the case it’s rather odd because he failed the fit and proper owners test because he was convicted in an Italian court of not paying import duty on a yacht he bought, in the original ruling the Football League vetoed his takeover based on this and yet less than two weeks later he appealed and an independent QC overturned the decision and he’s now free to take over Leeds.

Now is it just me or does that not make much, nay any sense, the people in charge of running the Football League have assessed his case and said you’ve breached our rules you can’t buy Leeds, but a random lawyer has decided he hasn’t breached the rules and he can buy the club.


What’s the point of the Football League having a test for potential owners if its say isn’t final? 

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