Leeds United's chief operating officer says the ongoing situation remains uncertain.
Leeds United's chief operating officer has promised a very interesting next 48 hours at the club, speaking to BBC Radio Leeds.
He was quizzed as to who may run the club if Massimo Cellino resigns, as has been made a requirement by the Football League.
Cellino lost his appeal banning his ownership, relating to a previous tax conviction in Italy.
Matt Childs, COO, told BBC Radio Leeds the club were pursuing further legal options, but said any next step in terms of who will take charge is not ready to be formally announced.
He said: "The next 48 hours will be very interesting for us all. (Asked if he could say who would take charge) No, not at this stage.
"We've got quite a few meetings to have and my priorities, that is one, but probably not the top at this point.
"We need to have another sit down with the president, the Italian counsel, our British counsel and myself, another couple of guys. I don't mean to sound vague, but its very early days for us yet."
Child certainly did not want to give away their potential plan B options just yet, but time dictates they may have to reveal their next step soon.
It's hard to believe as confident as Cellino was regarding his appeal, a plan was not put in place for this eventuality, it's just a case of whether the club are willing to give up the fight just yet.
25 per cent stakeholders GFH issued their own statement backing Cellino, with ITV reporting word from Jinesh Patel: "GFH Capital is surprised and disappointed with the Football League’s decision regarding Massimo Cellino’s appeal against his suspension.
"We fully support his, and the club’s, actions to get this finding overturned, and will continue to do so. We remain committed to the best interests of Leeds United and these will best be achieved with Massimo’s suspension being lifted as soon as possible."
Matt Child meanwhile was pressed over what could happen next with the £20 million investment Cellino had secured from Bahrain.
Cellino secured an agreement on the same day his initial ban was announced by the Football League, and as a result the money was not ratified by the Leeds board, the Yorkshire Evening Post reported.
Leeds needed the money to help wipe out debts in their accounts which led to a transfer embargo being placed on the club this season.
Child responded with uncertainty regarding what this could mean for the money, but admitted it was on the agenda.
He said: "I can't give you an answer on that yet. I've got my fingers crossed as much as anybody else."