Report: Potential Leeds owner Cellino about to sell Cagliari

Leeds United Crest

Reports from Sardinia suggest that Cagliari owner Massimo Cellino is poised to sell the club to pursue his takeover of Leeds United.

It has been a confusing time for Leeds United fans as rumours over the club's takeover abound, but there are signals from Sardinia that suggest Massimo Cellino is preparing to commit to a deal.

Cellino unexpectedly entered the running to buy Leeds just as it appeared that the Sport Capital consortium had an agreement in place to secure a 75 percent share.

The Italian entrepreneur has reportedly launched a £40m effort to secure a controlling stake in the club, but over the last few days some doubts have surfaced.

It had been reported that Cellino was just awaiting FA approval to buy Leeds, but then came suggestions that the Cagliari native was actually just trying to shake up things in Italy by threatening to relocate to England.

However, according to L"Unione Sarda newspaper, Cellino is close to agreeing a deal to sell Cagliari to Qatar Sport Investments.

Talks are apparently at an advanced stage but reports suggest that a deal would see Cellino pocket between £57m and £66m.

L'Unione Sarda suggests that Cellino could still remain as club president even if he sells the club, but he may take the opportunity for a fresh start.

If such a deal were completed it would be the surest indication yet that Cellino is serious about buying Leeds United.

However, things could be further complicated as it is being reported that a group led by ex-Manchester United employee Mike Farnan are preparing to submit a second bid for Leeds 

image: © Paul Dantanus

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