13 Mar 2014 20:41:42
The Football League have announced that they should have a ruling on Leeds United's prospective takeover within ten days.

{Ed001's Note - statement in full for you:

A Football League spokesman said: "At its meeting today, the Board of The Football League gave detailed consideration to the proposed takeover of Leeds United by Eleonora Sport Limited.

"The Board discussed the eligibility of the proposed purchasers under the Owners' and Directors' Test and examined evidence of both the source and sufficiency of funding. The majority of outstanding issues have now been resolved to The League's satisfaction and the Board anticipates receiving further information on the remaining issues, from the representatives of Eleonora, in the next week.

"The Board recognises the pressing need to resolve the matter and to provide certainty to all parties. It therefore anticipates being able to reach a conclusion in the next ten days."

1.) 13 Mar 2014
Does somebody not believe Ed001 that this is the statement in full or can they not believe what the statement says!

2.) 14 Mar 2014
Did we honestly believe anything else would come out of the FL today? let's be honest people they are hoping that the case goes against Cellino next week and then they won't have a decision to make! Typical spineless beaurocrats.

PeteMOT

3.) 14 Mar 2014
So that's Monday March 24th isn't it? 10 days hits a weekend?

4.) 14 Mar 2014
If the British courts and tax office did their jobs properly half the directors in the leagues would be facing tax evasion trials. Unfortunately Massimo has past history with Italian tax laws and is obviously under scrutiny. The case surrounds his yacht he bought and I believe registered in America thus avoiding higher Italian taxes. At worst he will be found guilty and have to pay the tax. This will not disqualify him from owning LUFC. If he receives a jail sentence, highly unlikely then obviously he cannot run the club from a jail cell. I suppose the FL have to wait to see the outcome but it seems like its Mr Harvey using his position to play hardball with LUFC. I f this was Arsenal, Chelsea or any of the golden brigade this would not be an issue. As for new manager expect BD to be there till summer then it will be one of Massimos men coming in. This guy has lots of contacts all over the world and we will have quality manager and players for next season. August 2015 Premier League, Glory Glory Leeds United
BIGE

5.) 14 Mar 2014
Does anybody have an idea of what the longest takeovers ever are? got to be on that list by now surely

6.) 14 Mar 2014
This TO is nothing compared to GFH taking over
MS put up the cash and exchanged
FL dragging their heels
Can only speculate that if MS's arrival on the scene was more subtle then he would be in by now

7.) 14 Mar 2014
I do not understand the people on here complaining that the Football League are holding up the deal or have a vendetta against Leeds. The proposed takeover is headed by a man who is in court next week for tax evasion. It make obvious sense to wait until that hearing, because if he is found guilty, he would not be fit or proper. GFH are the main culprits for exchanging with a man who is subject to a trial. It is obvious that this would be a problem. The Italian's previous misdemeanors are considered spent as they are more than 10 years old.

Cellino was arrested in February 2013 with the mayor of Quartu Sant'Elena, Mauro Contini, and the public works commissioner Stefano Lilliu, for attempted embezzlement and fraudulent misrepresentation following an investigation into the construction of the Stadio Is Arenas.

This case has still not been resolved and there could yet be court action.

Cellino's arrest warrant called him a man of "marked criminal tendencies. capable of using every kind of deception to achieve his ends

So perhaps you can see why the Football League are waiting.

8.) 14 Mar 2014
14 Mar 2014 15:42:30
The top and bottom of it all is that the italian government do not like people withdrawing financial backing from their own country to be placed elsewhere.

The case around tax evasion on the yacht was founded magically at the same time as Cellino began to talk about being interested in taking over an English football club.

In my opinion there will be no takeover because Cellino will be found guilty of tax evasion, and the FL will invent its own new rulings to show that he now has broken their rules and can't take over at Leeds.

The Italians know exactly how to control money leaving their country and will continue to do so. Time will tell, because if Cellino is found guilty, he should be forced to sell his current club anyway. If he isn't then it just goes to show how their government have guaranteed leaving his money in one of their own clubs.

9.) 14 Mar 2014
To the poster at 14 Mar 2014 15:42:30 Cellino's yacht, was seized in Cagliari in 2010. Cellino was not talking about taking over Leeds then.

You are just making stuff up to back up your conspiracy theories, but it can easily be checked by using the net, so why bother

10.) 14 Mar 2014
When it come to Italians fiddling. No one can come closer than Bellasconi took corruption to new heights, alos a bloke called Nero did a bit of fiddling. the Germans no better Uli Hoeness over 22 million now that's fiddling. No cellino small time he´ll get off fingers crossed. MOT

11.) 14 Mar 2014
There are now rumours that the tax due on the boat has been paid, hence the reason why the lawyers think it will take only a day and why Cellino is not attending.

12.) 15 Mar 2014
"The Italians know exactly how to control money leaving their country and will continue to do so."

How do you know where his money is?

This guy actually lives in Miami and appears to be able to find over a million pounds at a time to pump into Leeds?

Bet you wish you had that sort of money readily available?

13.) 15 Mar 2014
So what will the FL do if the trial is postponed then?

Extend the 10 day period over and over again, no doubt.


Obviously guilty till proven innocent.