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' LEEDS UNITED '

Mon Dec 01, 2014 12:20 pm

The Football League

1st Dec 2014

The Board of Directors of The Football League has, once again, considered the position of Leeds United President, Massimo Cellino, under its Owners' and Directors' Test.

Previously (March 2014), the Board had ruled that Mr. Cellino was subject to a disqualifying condition after he was found guilty of an offence under Italian tax legislation relating to the non-payment of import duties on a boat (which resulted in him being fined €600,000). In April 2014, this decision was successfully appealed by Mr. Cellino at a hearing of the Professional Conduct Committee (PCC) chaired by an independent QC (sitting alone).

In reaching his verdict, Tim Kerr QC concluded that: “Mr Cellino has satisfied me that on the facts before me, what he was convicted of was not conduct which would reasonably be considered to be dishonest.” Before going on to state that: “if the reasoned ruling of the court in Cagliari discloses that the conduct of Mr Cellino was such that it would reasonably be considered to be dishonest, he would become subject to a Disqualifying Condition.”

At its meeting last week, the Board considered the reasoned Judgment of the Italian Court against Mr. Cellino, having successfully applied to the Italian Courts for its full disclosure. The Board considered detailed legal advice and agreed unanimously (with the exception of its Chief Executive, Shaun Harvey, who did not take part in the debate or vote having declared an interest*) that Mr. Cellino is subject to a disqualifying condition under the terms of the Test.

Mr. Cellino is entitled to appeal the Board's decision to the PCC within 14 days. As the Judgment of the Italian Court has not been published in Italy, The Football League will not make any of its contents public.

Additionally, the Board concluded that it was appropriate to ask an independent Football Disciplinary Commission (FDC) to consider whether Mr Cellino and/or Leeds United breached League regulations relating to the timely disclosure of relevant information. The matter will be heard by an FDC in due course.

The decision of The Football League in relation to Mr. Massimo Cellino

*Shaun Harvey was Chief Executive and a Director of Leeds United between 2004 and 2013.

Re: leeds could be in trouble again

Mon Dec 01, 2014 1:09 pm

Why dont they investigate Tan.According to that documentary on telly not long ago'he must have some dirt on him.TAN OUT. :bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: ' leeds could be in trouble again '

Mon Dec 01, 2014 1:24 pm

http://www1.skysports.com/football/news ... all-league

Sky Sports wrote:Massimo Cellino disqualified from owning Leeds United by Football League

Massimo Cellino has been disqualified from owning Leeds United after the Football League announced he had failed its Owners' and Directors' Test.

The Italian won an appeal against the League's decision to block his takeover of the club in April, but after receiving the detailed evidence from the Italian court that convicted him of tax evasion, the governing body has ruled he is not fit to continue as the club's president and he could now be forced to sell the club.

Re: ' LEEDS UNITED '

Mon Dec 01, 2014 2:26 pm

And people on here call us s joke? :o

Re: ' LEEDS UNITED '

Mon Dec 01, 2014 7:00 pm

I believe Leeds are in worse mess than us.

Re: ' LEEDS UNITED '

Mon Dec 01, 2014 11:09 pm

Leeds United to hold talks with Red Bull bosses regarding potential takeover
BY SAM ROURKE ⋅ DECEMBER 1, 2014 ⋅
Leeds United owner Massimo Cellino is set to hold talks with Red Bull bosses in the coming weeks to try and sort out a potential takeover, according the the Daily Star.

As reported on FLW, Cellino has been disqualified from owning Leeds United, as a result of breaching the Football League’s Owners and Directors Test.

The controversial Italian has subsequently been given 14 days to appeal the Football League’s decision, however it is uncertain as to whether Cellino will actually appeal.

The news comes just days after FLW reported that Cellino was set to inject £20 milion into the club, to help the financial stability of the Championship outfit.

Cellino took control of Leeds United on 7th February 2014, and it saw him acquire 75% ownership of the club, however he was initially rejected the chance to takeover the club, but he later won an appeal to complete the takeover.

It has been widely reported that Red Bull are interested in the Yorkshire club, and the Football League’s decision to disqualify Cellino has certainly alerted them to a potential for a takeover.

Re: ' LEEDS UNITED '

Mon Dec 01, 2014 11:47 pm

Forever Blue wrote:I believe Leeds are in worse mess than us.



Maybe so Annis but they have potential far ahead of us if they get things right one day! :old: