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Leader of Chinese consortium discusses plan to provide Leeds United with long-term investment

Elland Road

Leeds United could be the latest Championship club to be sold to Chinese investors.

Elland Road

Leeds United could be the latest Championship club to be sold to Chinese investors, the Yorkshire Evening Post reports.

Aston Villa and Wolverhampton Wanderers have both been subject to takeovers this summer and Whites fan Steve Tappin has assembled a consortium with a view to delivering long-term investment at Elland Road.

(L - R) New owner Dr Tony Xia, new manager Roberto Di Matteo and new chief executive Keith Wyness pose after the press conference

Tappin, who is the chief executive officer and founder of consultancy firm Xinfu, was quoted as saying in Friday's edition of China Daily: "I have had a series of meetings with related parties all this week, and there is definite interest in buying Leeds, but I want to ensure it would be with long-term investment, significant working capital and the right governance so it can be a stable platform for sustainable Premier League success.

"Leeds United is a big club with a very strong fan base and huge potential for investors, particularly if it can be returned to the Premiership."

The Yorkshire Evening Post reports that a deal could involve payment for Leeds in excess of £100 million, with current Whites owner Massimo Cellino previously saying he would sell the club should he receive an acceptable offer.

Leeds United owner Massimo Cellino watches from the stands

The Yorkshire giants, who have been the champions of England on three occasions, last appeared in the top flight in 2004 and were a League One side as recently as 2010.

However, a positive early-summer recruitment drive has backed up Cellino's promise to deliver a top six finish this season, with season ticket holders due partial refunds should Leeds fail to achieve the Italian's target.

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