Massimo Cellino has lost his Football League appeal over the ownership of Leeds United. Originally disqualified in December after the Football League obtained further evidence of tax evasion from an Italian court.
The Football League had originally disqualified Cellino in March 2014 after being found guilty of an offence under Italian tax legislation due to the non-payment of import duties. The decision was appealed in April 2014.
A caveat in the original appeal was that if the ruling court in Cagliari could provide evidence of dishonesty then he would be subject to Disqualifying Condition.
The Football League said in a statement: “We consider the judge’s findings and her description of Mr. Cellino’s state of mind based on them is a conduct considered dishonest.”
The club said in a statement of their website: “Mr Cellino would like to thank the fans for the overwhelming support since he has arrived at the club. We are surprised and disappointed by the verdict, however we are continuing to take legal advice.”
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Massimo Cellino took over the West Yorkshire outfit in April. Leeds United find themselves in 20th position in the Championship. The club are also under a transfer embargo for breach of FFP rules.
Leeds United is now taking legal advice on how the club should be run, with fear of financial insolvency surrounding the club. Cellino will be allowed to resume his role on April 10 2015.