Peterborough United owner Darragh MacAnthony feels that Leeds United are perfect for investment from Asia.

On Thursday, Leeds confirmed that chairman Massimo Cellino had bought out minority shareholders GFH Capital and is now the 100 per cent owner of the Yorkshire giants.

Speculation has been raging that the development is the prelude to Cellino selling the club or bringing new investors on board.

Indeed, Cellino was seen sitting next to Italian businessman Andrea Radrizzani at two Leeds games earlier this summer. Radrizzani was a founding partner at sports rights firm MP & Silva, who were majority bought by two Chinese companies in May.

And a takeover led by Radrizzani and powered by Chinese cash has become increasingly mooted as a possibility for Leeds.


MacAnthony insists he has not heard anything on the grapevine about such a scenario.

However, he does feel that Leeds as a club are perfectly placed to hoover up investment from Asia.

"No idea buddy, what's the latest movement?" the Posh supremo said on Twitter when asked about Leeds and the takeover talk.

"With all Asian investment flowing in, it's perfect club for it isn't it though."

Off the pitch Leeds have struggled to compete in the transfer market in recent seasons as they look to try to put a squad together to push for promotion to the Premier League.

And this summer they have also been outspent by a number of sides in the Championship.