Leeds owner Massimo Cellino in talks with F1 giant Red Bull over possible buy-out - reports

More turmoil could be just around the corner for Yorkshire club

Samuel Stevens
Sunday 02 November 2014 12:25 GMT
Comments
(GETTY IMAGES)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Leeds United owner Massimo Cellino is believed to be in talks with F1 giant Red Bull over a possible buy-out of the Yorkshire club.

A deal between the two parties was suggested eighteen months ago but they failed to reach an agreement over a reported asking price of £40m.

According to the Daily Mail, Red Bull chiefs have been in Leeds since Wednesday and are proceeding with negotiations with the United chairman.

The enigmatic Italian has already sacked two managers this season, David Hockaday and Darko Milanic, and has since handed the job to Neil Redfearn.

The Elland Road club are currently 19th in the Championship after yesterday's 3-1 defeat to Cardiff City.

While his exact expectations remain unclear, Cellino has high hopes for Leeds under his ownership.

Following his dismissal of Milanic, however, club legend Johnny Giles called for the former Cagliari chief to sell the club.

"I think the best thing he could do is get out of the club and make way for a new owner who could work in the best interests of the fans," he told BBC Radio 5 Live.

"It's crazy stuff. How long was he [Milanic] there? I don't know how many managers he [Cellino] has had since he came in, and I don't know what he expects of the managers.

"There are no resources to get players in. He wants miracles, I think.

"Why don't these owners become managers themselves? He might as well."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in