The Whites have gone through a whole host of managers since Cellino arrived at the club in 2014, with Brian McDermott, David Hockaday, Darko Milanic, Neil Redfearn and Uwe Rosler all losing their jobs in just two years.
Current boss Steve Evans saw his side lose 4-1 at home to Huddersfield Town on Saturday afternoon, and the Daily Mail believe that Cellino will again make a managerial change and move on from Evans - who was only appointed in October - at the end of the season.
Now, the Daily Mail also claim that Cellino does have a replacement in mind; Fabio Cannavaro. A legend during his playing days with the likes of Parma, Inter Milan, Juventus and Real Madrid, Cannavaro was regarded as one of the finest centre backs of his generation despite standing at just 5ft 9in tall, and even captained Italy to World Cup glory back in 2006.
Since retiring in 2011, Cannavaro has been forging a career in management, and spent seven months in charge of Chinese side Guangzhou Evergrande, winning 11 of his 23 games in charge, losing only five.
In October, Cannavaro took over Saudi Arabian side Al Nassr, but lasted less than four months in the job having won six of his first 16 games, and was sacked on February 11th.
Now, it's believed that Leeds chairman Cellino wants to bring Cannavaro, 42, to Elland Road, and is a big fan of his fellow Italian, who is interested in taking over as Italy's manager once Antonio Conte leave this summer.
It's yet another wacky story surrounding Leeds and Cellino, and whilst Cannavaro's playing days were incredible, his managerial record so far is somewhat patchy, and Whites may not be so keen on having another unknown quantity in the Elland Road dugout.
Would you like to see Cannavaro become Leeds manager?