Massimo Cellino’s attempts to buy a stake in Brescia have stalled, according to claims in the Italian media. The Leeds United co-owner is expected to sell his remaining shares in the Championship club, and then return to Italy.
TMW have reported talks between Brescia and Cellino have been put on hold until the situation with selling his stake in Leeds United is resolved. ‘Some situations’ need resolving at Leeds before Cellino moves on.
Once Cellino has sold his 50% shares in Leeds United it’s then likely he’ll continue to hold discussions with Brescia. It’s also been reported Brescia must maintain their Serie B status for a deal to be completed.
Only last week we covered reports from Italy Cellino was close to taking over at Brescia after he called in his lawyers to complete the deal. Cellino is likely to pay €10m to buy into the Italian club, but the funding will be helped once the Italian sells his remaining shares in Leeds United to fellow co-owner Andrea Radrizzani