Massimo Cellino fearing Leeds transfer embargo

Leeds United

Leeds United owner Massimo Cellino has been bulk buying players with fears of an upcoming transfer embargo.

15 players move to Elland Road by the close of the summer transfer window, and the Italian businessman was actively pursuing further targets - with Federico Viviani and Leonardo Pavoletti turning down deals during business hours.

With all the recruitment, the Yorkshire-based side finished the window with 29 first-team players - all of whom could be considered talented enough to play a key part this Championship season. Six central defenders are fighting to occupy two playing berths, whilst Elland Road is now privy to the talents of nine forwards, with two further - Dominic Poleon and Matt Smith - leaving in the late hours of deadline day.

Cellino arrived at the club with an increasingly spiralling wage bill, said to have grown to almost £20 million, and, despite the heavy influx of players, the former Cagliari owner has done much to reduce needless costs - reducing the monthly expenditure below the rumoured astronomical figure of £1 million.

However, it was this monthly expenditure that had Cellino running around for a number of players - with the Yorkshire Evening Post reporting that the Italian is convinced that the previous regimes expenditure will result in a transfer embargo, brought on by Financial Fair Play restrictions.

The £1 million a month losses go way beyond the limit set by the Football League for Championship clubs, whilst Cellino is unable to cover all the accounts with his income, and the cash from Ross McCormack’s transfer to Fulham is counted in a different accounting period.

All Football League clubs must admit their accounts for the 2013/14 season by December 1, and the decision of which clubs will be published occurs later that month. Any Championship clubs punished with a transfer embargo - a list that includes a number of high-spending second tier teams - will see the embargo come into force on January 1 2015.

Whilst stockpiling players may be seen as a strange transfer policy - with keeping nine forwards happy an almost impossible task for the incoming Whites manager - Cellino is looking towards the future, and the Leeds fans should be grateful that they finally have a manager taking care of the future of their club.

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