It is understood that a deal has been agreed in principle for the sale of a majority stake in Leeds United, with the buyers, or at least the money, tipped to be of Far East origin – possibly China. Massimo Cellino would apparently retain a small stake in the club, but would relinquish control.
Sources agree that this is a done deal, with only legal formalities to be completed. Doubtless there will be much more on this story over the coming days, but what seems certain is that we are seeing the end of an era at Elland Road, with new owners and new ideas.
It’s going to be an interesting time ahead at Leeds United.