Vital Football

Latest Leeds United News

LUFC Cellino looking to fix Leeds illness

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.


Join The Vital Debate

Vital Leeds are the proud sponsors of the Thames Valley Whites Regional Supporters club

The fastest growing Leeds United supporters club in the South of England, with over 200 members since its formation in April 2009, travel to all games home and away.

The branch has pick up points at Reading, Didcot, Abingdon, Oxford, Bicester and Banbury and will consider other pick up points on request.


Vital Leeds is now available on both facebook and twitter, so if you are that way inclined and more importantly understand all this new fangled dangled stuff, feel free to watch us, poke us or whatever else you are meant to do there!

Vital Leeds on: facebook



Vital Leeds on: twitter


Join Vital Leeds

It's easy to REGISTER HERE, simply click the link and enjoy getting involved!



Click here to join in the debate on the club forum.

Writer:Dazza71
Date:Monday April 28 2014
Time: 7:31PM

Login to post a comment

Recent Leeds United Articles

LUFC Leeds Bring In Four Youngsters From Top Spanish Clubs

Leeds United are quietly going about building their development squad for next season from the top clubs in Spain.

LUFC Pennington - Joining Leeds Was Definitely Right Option

New signing Matthew Pennington says Leeds United were definitely his best option

LUFC Christiansen Still Looking To Add To Squad

Leeds United head coach Thomas Christiansen says the club are still working on deals to bring in players ahead of the new season

LUFC On This Day - July 22nd

A look back at what has been reported on Vital Leeds on July 22nd in recent history at Leeds United

Archived Vital Leeds Articles

Vital Leeds articles from

Site Journalists

Dazza71
Editor email
Profile

Current Poll (see more polls)

Where do you think Leeds will finish?
Suggested By:
Champions38%
Runners-up14%
Play-offs33%
Top Half14%
Bottom half0%
Relegated1%
ScoopDragon Publishing Entire League Network of Sites
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Leeds United Results (view all)

Leeds United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.King Billy71
2.dazza7169
3.PDIRISH51
4.Tiny T48
5.Dublin White32
6.Salazzar32
7.White Rose 6726
8.Oyper20
9.Whiteknight19
10.SimonTVW12
The Vital Football Members League