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LUFC Cellino looking to fix Leeds illness

New Leeds United owner Massimo Cellino says he is looking to fix an illness in the club this summer and build a side capable of going up.

Cellino, who finally completed his takeover at Elland Road earlier this month, is now set to get to work on clearing the clubs debts that have been accumulated since GFH Capital bought the club in December 2012.

Leeds are reportedly 11 million in debt and upon his arrival at Leeds in April, Cellino had to pay the final 35 per cent of the players wages that had been outstanding since the end of March as well as pay a 500,000 bill to the HMRC.

Cellino had already bailed out the club before completing his takeover when he paid off an outstanding debt to the clubs main sponsor Enterprise Insurance, who had served the club with a winding up order over an outstanding debt believed to be in the region of 1.5 million.

The Italian, said he would like to see Leeds promoted to the Premier League by 2016 and he is now looking to sort out the clubs financial issues as he looks to build a side capable of returned to the top-flight of English football after a ten-year absence already.

Speaking to BBC Sport , Cellino said, 'We have to fix the club's illness and then after that we can focus on going up.

'My plan is to spend the next months getting the club healthy and then the next season we can go up.

'The club must be healthy again before we can be promoted. People before were throwing money out of the window and just hoping to get to the Premier League to save the club's finances.'


Also high on the agenda for Cellino is the repurchase or Elland Road, as well as the clubs training complex at Thorp Arch.


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The Journalist

Writer: Dazza71 Mail feedback, articles or suggestions

Date:Monday April 28 2014

Time: 7:31PM

 

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