Massimo Cellino says he will sell Leeds United if the club is not promoted to the Premier League by 2017.
"We have to start fixing this club. It is a sleeping giant but it will take time to fix it. I want to be in the Premier League," he told reporters at a press conference.
Leeds owner Massimo Cellino has cast doubt over the future of manager Neil Redfearn by claiming he isn't sure whether he is the right man for the job.
Cellino told reporters in press conference:
"Who put Redfearn in that position? Me. Who wants Neil to succeed more than anyone? Me. It was my choice.
"I took the risk but I don't know what's happened in the last 10 games. No-one called me.
"Is Neil best for the future? Are you sure that he's good or is it that you're a coward with the fans because you won't change it.
"I have to find the right coach for this club and not because I want to please the fans for 15 days."
He was speaking alongside new club director Adam Pearson.
Leeds United owner Massimo Cellino has told reporters the club is not for sale, admitting that it's time to fix the club 'once and forever'.
In a joint press conference with new director Adam Pearson, he said Pearson is the 'right man' for the club.
Troubled former Leeds United and York City footballer Clarke Carlisle is due to be banned from driving later today by Westminster magistrates.
Carlisle, who pleaded guilty to drink driving at an earlier hearing, tried to kill himself on the A64 near York, two days after he was arrested in London on suspicion of drink-driving.
Leeds United have released former captain Rodolph Austin.
The club have also announced that senior squad members Aidan White, Stuart Taylor and Michael Tonge will not be offered new deals.
- Daniel Atkinson
- Rodolph Austin
- Luke Booker
- Alex Cairns
- Afolabi Coker
- Stuart Taylor
- Zac Thompson
- Michael Tonge
- Aidan White
- Lewie Coyle
- Tyler Denton
- Eric Grimes
- Luke Parkin
- Kalvin Phillips
- Alex Purver
- Jake Skelton
- Lewis Walters
Hull FC owner Adam Pearson has moved quickly to reaffirm his commitment to the Super League club in the wake of his appointment as executive director at Leeds United.
Pearson has returned to Elland Road, where he was previously involved through his various roles in football, which also included a brief recent spell at Sheffield Wednesday.
However, Pearson, who bought Hull in 2011, wants to put supporters' minds at rest by insisting he remains 'totally committed' to the black and whites.
"I have continued to be involved with opportunities elsewhere in sport and business but that changes nothing in terms of my responsibilities and ownership at Hull FC," he said on the club's website hullfc.com.
"Joining the board at Leeds United is an exciting prospect and one I'm looking forward to after a number roles in football in the past.
"However, I remain totally committed to Hull FC, having made a big commitment and contribution to the club, both emotionally and financially, and look forward to seeing the club continue to grow.
"I remain financially committed to the club for the long term and believe wholeheartedly that the management team I have in place will drive the club forwards, both within performance and administration."
Former Hull City chairman Adam Pearson is to join Leeds United as owner Massimo Cellino's "right-hand man"
Pearson , who was Leeds' Commercial Director before taking over at Hull, will be unveiled tomorrow as an executive director at the Elland Road outift.
The shock move comes less than a month after Pearson was appointed to Sheffield Wednesday's three man football committee.
“I’m here to assist Massimo as much as possible on all sides of the club and I’m really looking forward to it.
“I’ll be like his right-hand man as executive director at the club, trying to get the club moving forward in the right lines and in tune with its supporters.
“We’re hopeful for a good season in the Championship next year.
“I know the club really well, I was here 15 years ago. Quite a lot has changed internally but there’s still a lot of familiar faces and some really good staff here.
“Hopefully we can build on that teamwork off the pitch and really take the club forward.
“I know this city very well, I know the club and it’s my hometown city. I want to get back in here and make a difference and get the club moving forward again.
“I’ll be working on all aspects of the club, looking primarily to start with the business and commercial sides to make sure we’re maximising all the revenues coming in.
“I want to make sure that the supporters are getting looked after and the facilities are right. There are some key people already here at the club so it’s just bringing that together and pushing that forward.”
Adam is coming here to be my right-hand man, to help me with everything that needs to be done. There is a lot of work to do.
“He is a good man. He loves football and he knows this club well, that is important.
“Since I came back to Leeds, I have not stopped working, but Adam will help me now. I wanted him here at Leeds and I believe the working relationship will be positive.
“He has quickly started in his job and he has shown in the past that he knows how to be successful in football.
“We will work together on making sure we are ready to have a strong season on and off the pitch.”
Leeds United owner Massimo Cellino has criticised the way the club has been run since he was banned by the Football League.Read the full story ›
Massimo Cellino admits he know if Neil Redfearn is the man to take Leeds United former.
The former Barnsley midfielder was appointed head coach in November, but the Italian could replace him over the summer.
I need to decide whether Neil is best for the club and can lead us back to the Premier League.
I am in love with Neil and I don't want to talk to anyone else about the job. I have always believed in him and I gave him his big chance.
I made sure he had a clause guaranteeing he would pick the team because I don't want a coach I control.
If my coach is working in the right direction I will treat him better than anyone else in the world.
I have made a lot of mistakes in my life and I don't want to have this.
Leeds United has confirmed that Massimo Cellino has been granted Football League permission to return to the club's board.
Mr Cellino will take up the role as Leeds United chairman with immediate effect after passing the League’s Owners and Directors Test.