Italian businessman close to buying major stake in Leeds United

Leeds United could soon see an additional Italian presence in the boardroom as businessman Andrea Radrizzani is in talks to buy a major stake in the club.

Massimo Cellino currently has a majority ownership stake in Leeds United, whilst Middle Eastern group GFH Capital remains a minority stake holder.

Since taking over Leeds in April 2014, Cellino has dismissed a total of six managers and received several suspensions by the Football League for off-pitch incidences.

Cellino previously expressed interest in selling Leeds last year following a 2-0 home defeat to blackburn Rovers. At the time he called his tenure at the Championship club a “nightmare” and described feeling “shame” everytime Leeds loses a game.

According toBBC, Radrizzani is currently in talks to take over ownership of Leeds but this may not mean the end of Cellino at the club. Although the deal has not yet been complete, it is reportedly close to being finalised.

Radrizzani is one of the main shareholders and co-founders of media rights company, MP & Silva.

This comes just over a week since it was reported that a Chinese consortium is eyeing up a potential takeover of the Championship club, which could potentially be worth more than £100m.

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