Leeds United owner Massimo Cellino has been ruled as disqualified from running Leeds United under the Football League’s Owners and Directors test, as reported by Rob Harris.
Breaking: Football League Board has decided Cellino is disqualified from owning Leeds under owners’ & directors’ test.
— Rob Harris (@RobHarris) December 1, 2014
The Italian corn magnate’s ownership of the club has always been up for debate since he expressed an initial interest in buying the side.
He was initially disbarred from buying Leeds, and as a result, the Whites looked as though they were plunging toward administration under the ownership of Gulf Finance House.
Cellino was handed a reprieve however, as the independent appeals panel ruled that the tax case involving Cellino did not necessarily suggest he was guilty of dishonest acts until the full report came out.
Judge Sandra Lepore delayed releasing her report and then only initially released it to Cellino himself, which delayed the Football League’s findings further.
It now seems as though there will be issues for Cellino going forward, although he will almost certainly lodge another appeal.