Wednesday, 28th May, 2014
Leeds United owner Massimo Cellino has agreed to sell Serie A side Cagliari to a group of American investors led by Luca Silvestrone.
Cellino has been in talks with the Americans and another group, led by former Inter board member Tommaso Giulini, over selling Cagliari, having decided he cannot run two clubs.
The American group, with who Cellino held talks yesterday, are planning to complete a new stadium for the club by 2017.
And Cellino, who is expected to receive close to €80m in total if the stadium work is approved, is relieved to be handing over the Sardinian giants.
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"I'm thrilled", he told Italian news agency ANSA.
"God bless them.
"Now they will fight with the bureaucracy."
Cellino will be free to concentrate on Leeds when he completes the sale and could be joined at the Yorkshire giants by sporting director Nicola Salerno. The Cagliari deal-maker has rated it as "probable" he will link up with Cellino at Elland Road.
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