Leeds United are now wholly owned by Italian businessman Massimo Cellino after his Eleonora Sports Limited company bought out minority shareholder GFH Capital.

Cellino was already the majority shareholder and chairman at the Championship club, but now he has pushed ahead to buy the shares he did not own, which were held by Middle East bank GFH Capital.

Leeds have officially confirmed that 100% of the club's shares are now owned by Eleonora Sports Limited.

The move could well pave the way for Cellino to offload shares to a new minority partners, with fellow Italian businessman Andrea Radrizzani having been mooted as a potential investor.

Cellino could also choose to buy back the club's Elland Road ground.


A number of Leeds fans though will hope the development is a prelude to Cellino selling up and leaving the club.

The Italian's reign at Elland Road has split Leeds fans, with some sections of the club's supporters having called for him to sell up.

Cellino has regularly worked his way through head coaches and incumbent Garry Monk is already reported to be under pressure.