Massimo Cellino's takeover of Leeds United may be in the balance as he is accused of tax evasion.
According to The Guardian,the takeover will collapse if Cellino is found guilty in a Sardinian court of failing to pay tax which prosecutors allege was due on a yacht he took to Italy from the US.
Cellino is accused of evading paying €400,000 import duty on the yacht.
At a court hearing in Cagliari last week, the Sardinian public prosecutor argued for a €1.165m fine to be imposed on the Cagliari owner.
The case is due to be heard on Tuesday, just five days after the Football League is due to meet to ratify Cellino's takeover.
It is now assumed the League will await the outcome of the tax evasion case against Cellino before making any decision. If Cellino is convicted, it is almost certain he will be barred from completing his purchase of a 75% stake in Leeds
The League will now likely wait for the outcome of the tax evasion case before rubber stamping the takeover of the Elland Road club. Should Cellino be convicted, he will likely be barred from completing the deal.
Massimo Cellino has formally appealed against Football League's decision to block him from buying a majority stake in Leeds.
The Football League has said it could take up to 10 more days to make a decision on the ownership of Leeds.
The Football League has said it cannot make progress with Massimo Cellino's bid to purchase Leeds.