Prospective Leeds owner Cellino claims he is upgrading to a 'Ferrari' with purchase... and will give jobs to his two sons
Mail 9/2/14
By DAVID KENT
Despite sacking Brian McDermott just over a week ago before reinstating him, prospective Leeds owner Massimo Cellino has vowed to change things at 'his new Ferrari' Leeds by working together with the manager.
The controversial Italian has struck a deal to purchase a 75 per cent stake in the Sky Bet Championship outfit, subject to Football League approval.
The convicted fraudster, who is also fighting allegations of embezzlement, must pass the League's 'owners and directors test' before his stake is rubber-stamped.
He is convinced he will be accepted by the League, and appears to now see a future working alongside McDermott.
He told The Sun on Sunday: 'When I am approved by the Football League I will go to the bank the next day and buy Elland Road.'
According to reports, the ground is currently owned by Teak Commercial Limited - a company based in the British Virgin Islands. The club is reported to pay £2million a year to lease the stadium.
Cellino has owned Italian club Cagliari for more than two decades but says he intends to sell the Sardinian team in order to focus his energies on Leeds.
'If I was running a Fiat 500 in Italy, now I have the chance to run a Ferrari,' he added.
'I want to forget about Cagliari now. My heart is with Leeds.'
Cellino has vowed to think about the youth at Elland Road, investing heavily in the academy, and also promised to give jobs to his sons, aged 22 and 24, to help out in the marketing and secretary department.
Leeds have racked up two consecutive victories since the drama surrounding McDermott.
By DAVID KENT
Despite sacking Brian McDermott just over a week ago before reinstating him, prospective Leeds owner Massimo Cellino has vowed to change things at 'his new Ferrari' Leeds by working together with the manager.
The controversial Italian has struck a deal to purchase a 75 per cent stake in the Sky Bet Championship outfit, subject to Football League approval.
The convicted fraudster, who is also fighting allegations of embezzlement, must pass the League's 'owners and directors test' before his stake is rubber-stamped.
He is convinced he will be accepted by the League, and appears to now see a future working alongside McDermott.
He told The Sun on Sunday: 'When I am approved by the Football League I will go to the bank the next day and buy Elland Road.'
According to reports, the ground is currently owned by Teak Commercial Limited - a company based in the British Virgin Islands. The club is reported to pay £2million a year to lease the stadium.
Cellino has owned Italian club Cagliari for more than two decades but says he intends to sell the Sardinian team in order to focus his energies on Leeds.
'If I was running a Fiat 500 in Italy, now I have the chance to run a Ferrari,' he added.
'I want to forget about Cagliari now. My heart is with Leeds.'
Cellino has vowed to think about the youth at Elland Road, investing heavily in the academy, and also promised to give jobs to his sons, aged 22 and 24, to help out in the marketing and secretary department.
Leeds have racked up two consecutive victories since the drama surrounding McDermott.
