Football League Board disqualifies Massimo Cellino from owning Leeds
Reuters
Eccentric Italian Massimo Cellino's reign at Leeds United is over after just eight months.
Breaking: Football League Board has decided Cellino is disqualified from owning Leeds under owners' & directors' test.
— Rob Harris (@RobHarris) December 1, 2014
Cellino, who assumed control of the club after buying a 75 percent stake, had been under investigation in his home country for what a judge described as "a Machiavellian situation" in which he attempted to avoid paying taxes of nearly €390,000 (£305,000) on a yacht purchased in 2012.
Football League board decision came after it looked at the details from the Italian court against Cellino. Leeds owner has 14days to appeal
— Rob Harris (@RobHarris) December 1, 2014
The 58-year-old former owner of Serie A side Cagliari has maintained his innocence throughout the legal proceedings.