Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Leeds chairman Massimo Cellino fails owners' test

Mon 19th Oct 2015 | Football Governance

Leeds chairman Massimo Cellino has been disqualified by the Football League after failing its owners' and directors' test.

A statement from the Footbal League says: "At its recent meeting, the Board of The Football League (with the exception of Chief Executive Shaun Harvey who declared an interest*) considered the position of Leeds United President Massimo Cellino under its Owners' and Directors' test. 

"In June, Mr Cellino was found guilty by a Court in Sardinia of an offence under Italian tax legislation relating to the non-payment of VAT on the importation of a Land Rover vehicle. This resulted in a fine of €40,000 and the confiscation of the vehicle in question. 

"Having considered detailed legal advice and the Court’s reasoned judgment, as supplied by Mr Cellino, the Board determined that the decision of the Italian Court constitutes a disqualifying condition under the Owners' and Directors' test. 

"Mr Cellino has until October 28 to appeal against the Board's decision. Any such appeal would be heard by an independent panel.

"The League will make no further comment at this time."

*Shaun Harvey was Chief Executive and a Director of Leeds United between 2004 and 2013.

Image: Action Images / Adam Holt Livepic

Posted by: Kev Howland 

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE FCBUSINESS RSS FEED

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk  

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Luís Figo joins UEFA as Football Advisor

Wed 11th Oct 2017 | Football Governance

Luís Figo will bring his wealth of knowledge and experience to UEFA as he joins the organisation as a football advisor. The Portuguese icon will bring his knowledge and expertise to UEFA As a...

Kate Tinsley nominated for The Football Association Board

Thu 5th Oct 2017 | Football Governance

Kate Tinsley has been nominated to join The Football Association Board and The FA Council as an Independent Non-Executive Director. Kate is currently the Chief Executive Officer of The Buildbase...

The Football Business Academy & streetfootballworld Join Forces

Tue 29th Aug 2017 | Football Governance

The Football Business Academy and streetfootballworld join forces to further promote the idea of football for good and ensure that the next generation of football leaders embraces Corporate Social...

London FA Overhauls Board To Reflect Capital’s Diverse Football Community

Fri 18th Aug 2017 | Football Governance

The London Football Association (LFA), the largest of the County Football Associations, is undertaking a transformational overhaul of its Board and inviting applicants from diverse backgrounds to...