Football: Leeds takeover suffers blow as Cellino's fined for avoiding duty
Published on Mar 18, 2014 5:58 PM
MILAN (AFP) - Massimo Cellino's proposed takeover of English football club Leeds United could be in jeopardy after the Cagliari president was handed a hefty fine on Tuesday for failing to pay duty on a yacht he imported from the United States, according to reports.
The Football League board is due to meet in England early next week to consider Cellino's proposal to buy a 75 per cent stake in Championship side Leeds.
However, Tuesday's decision by a court in Sardinia could scupper the deal.
According to domestic news agency Ansa, Cellino has been ordered by a court in Cagliari to pay a fine of 600,000 euros (S$1.06 million) for failing to declare the imported yacht to the authorities.
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