Entrepreneur Cellino is expected to sell his hometown club Cagliari shortly to focus his attentions on Leeds.
The Miami-based Sardinian previously attempted to buy both Crystal Palace and West Ham but failed on both occasions to move into English football.
That should be a mere formality, but Cellino's track record indicates that there could be some problems with gaining that clearance.
Indeed Cellino had trouble with the FA when he mounted his attempt to buy West Ham in 2011 and he has had run-ins with the law in Italy.
Cellino was placed under house arrest last year when he was accused of embezzlement relating to Cagliari's attempts to move stadium.
He was released in May 2013 and claims that the charges were politically motivated.
image: © Peter Burgess