By support

11th Aug, 2016 | 6:26pm

Tycoon gives update on Leeds takeover, confirms talks with Cellino

By Will Butcher

Italian businessman Andrea Radrizzani has revealed he has held preliminary discussions with Leeds about buying a stake in the club.

The tycoon claimed the talks produced “nothing concrete” and involved a “simple conversation” to increase his understanding of the club.

The ownership of Leeds have come under increased speculation this summer, after the Yorkshire Evening Post claimed they were the subject of a takeover bid from a Chinese consortium which was led by diehard fan Steve Tappin,

Radrizzani was pictured with Cellino during two of Leeds’ last three matches, a pre-season friendly win over Atalanta and a Championship opening-day defeat to QPR.

Hay quoted the Italian businessman via his personal Twitter account: “At the moment I am travelling overseas and I don’t have any update to provide related to Leeds.

Subscribe to Football Insider TV now

“At the moment there is nothing concrete and (only a) simple conversation to understand the club better.”

Tyccon Radrizzani owns a sports broadcasting company called MP & Silva that in May was valued at £685million by Reuters.

BBC Sport editor Dan Roan claimed on his personal Twitter account that tycoon Radrizzani is negotiating with Leeds chiefs to buy a shareholding of the club.

Former Cagliari owner Cellino bought the Yorkshire club in January 2014, and has sacked six managers during his controversial two and a half year tenure.

The Italian has been embroiled in a number of scandals that have left him close to dismissal by the Football League; almost being disqualified over an issue regarding tax legislation which was later overturned in May 2016.

In other Leeds news, the Whites have confirmed their eighth summer signing with this versatile Championship defender.