LEEDS ON ALERT AS CELLINO VOWS TO SELL UP
LONG-SUFFERING fans at two of English’s football’s crisis clubs have experienced vastly differing fortunes in the last couple of days.
At Leeds United, there could be light at the end of the tunnel after chairman Massimo Cellino, who has turned the club into a laughing stock with his managerial hire-and-fire style, agreed in principle to sell his share in the club to supporters’ group, Leeds Fans United.
The Italian met with fans on Friday and told BBC Radio Leeds:“100% I will sell to the fans, if they want to buy it and look after the club.The fans are the only asset the club has.
“I’m sad and embarrassed. My dream was to do my best but I’ve achieved nothing and the result is that the fans say ‘Massimo it’s time to go’.”
Leeds Fans United have confirmed the news, saying: “Leeds Fans Utd has today reached agreement in principle with Massimo Cellino to purchase a majority stake in Leeds United Football Club.”
Cellino has lodged an appeal against a second Football League ban in 12 months, having failed its owners’ and directors’ test last week following another tax conviction in Italy.
But while Leeds supporters can begin to think about a brighter future – if a deal can be done – the future doesn’t look as promising for Blackpool supporters.
Owner Owen Oyston has ended talks with the Supporters’ Trust over a possible takeover of the club. The Trust had launched a £16m bid for the Seasiders in July.
In a letter on the club’s website, Oyston said: “I believe that if you were left to run the club it would go to the wall because you do not have any money or the experience necessary to support the club in its moment of need.
“It would be irresponsible of me to simply hand this over to you as it is clear to any independent observer that you could not operate it successfully.”
OFFER: Massimo Cellino