Soccer: Italian Cellino completes Leeds Utd takeover

IMG class=hide alt=”Soccer: Italian Cellino completes Leeds Utd takeover” src=”http://www.mineralfossil.com/wp-content/uploads/2014/02/wpid-cb8f0d83124a4f09552a9b92ed891bb4.jpg” (ANSA) – Cagliari, February 7 – Cagliari Chairman Massimo Cellino has signed a contract to buy a controlling stake in Leeds United, the Championship (second-tier) English side said on Friday. PCellino’s family holding company is buying a 75% stake from the Middle East-based group that is currently in charge./PPLeeds have won three English league championships and two Inter-Cities Fairs Cup and reached the 1975 European Cup final, losing 2-0 to Bayern Munich./PPBut their recent history has been troubled and they dropped to the third-tier of English football in 2007 after going into administration./PPThey returned to the Championship in 2010./PPCellino, an unorthodox character who is a big guitar enthusiast, failed in a bid to buy top-flight English side West Ham United in 2010./PPThe 57-year-old has a reputation for being a “coach-eating” chairman in Italy for the high turnover of bosses at Serie A side Cagliari./PPHis arrival puts the position of coach Brian McDermott in doubt./PPMcDermott was reportedly briefly sacked by Cellino last week, before being re-instated by the existing board./PPSome Leeds fans have expressed concern over the takeover due to Cellino’s criminal record for a fraud conviction./PPCellino is now trying to sell Cagliari after 22 years in charge./P
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