Leeds United majority shareholder Massimo Cellino is to meet a party interested in buying his shares in London today, it has been claimed.

Cellino is looking to sell up and quit Elland Road after seeing Leeds fans turn against his reign at the club.




The Italian has agreed in principle to sell his shareholding to supporter group Leeds Fans United, who are now hoping to be granted a period of exclusivity as they look to thrash out a price and deal.

But the situation is becoming complicated as, according to the Yorkshire Evening Post, Cellino is due to meet a separate party today in London.
 


Leeds Fans United could find themselves quickly priced out of buying Cellino's shares, depending upon how much the Italian wants for his stake.

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Drinks giant Red Bull were linked with moving to buy Leeds earlier this year, amid a mooted price point of between £50m and £60m for Cellino's shares.

Now, following Cellino's signal that he is willing to sell, other parties are jostling for position and weighing up a bid to take control at Elland Road.