Leeds United is located in the middle section of the Football League Championship; they are not expected to make a title charge at this point in time but are safely above the bottom relegation zone.
What has been placing the club in the headlines of newspapers and websites around the world is not about how well or bad they are performing in the league but instead about the recent rumors about an Italian businessman taking over the club.
Massimo Cellino is the chairman of the Italian club Cagliari and in February a deal was agreed involving the club owners of Leeds United, Gulf Finance House with Cellino as the Italian businessman launched a bid to buy 75% stake of the club but some days later it was rejected by the Football League.
The Football League said: “The board considered detailed legal advice with regard to the application of its regulations within the context of a decision made under Italian law.
“Having fully considered the matter, the board agreed unanimously that the decision of the Italian Court does constitute a disqualifying condition under its owners’ and directors’ test. The relevant disqualifying condition being that Massimo Cellino has been convicted of an offence involving acts that would reasonably be considered to be dishonest.”
Cellino failed the League’s Owners and Directors Test because of a recent conviction in an Italian court which involved unpaid tax and ultimately forcing The Football League on having to reject the businessman on taking ownership of the Championship club.
The staff board of Leeds United has already released a number of statements expressing their disappointment after having already agreed to an amount of money for the club but they have also announced their intention of finding a solution that would benefit all of the parties involved.