Today Massimo Cellino has declared that Leeds United have had their transfer embargo lifted, according to YEP journalist Phil Hay.
In a conversation that is set to be played later on, it is said that Cellino confirms that the club will no longer be under an embargo and are free to bring in players in the summer.
Leeds were one of a few clubs in the Sky Bet Championship that were stung by the new Financial Fair Play ruling that said your debt could total any more than £15 million in losses over three years.
Another club that has been held back since November was Nottingham Forest, although no news has surfaced about the clubs financial state.
The news that Leeds will indeed have the embargo lifted proves the good work that Cellino and co have done behind the scenes while mired in controversy over his ruling of the club.
Cellino has been trying his since arrival to sort out the financial books at Leeds that were said to be in a very bad state since the departure of hated Ken Bates.
Although there’s a lot of ground work to be made between fans and Cellino, with most wanting him gone. The news today is seen as a sign of good things to come, along with the acquisition of Adam Pearson as executive director and the confirmation of Lewis Cook singing a new two-year deal.
Since his return, Cellino has seemed a different man with compassion and knowledge, whether it’s actually him or someone in a scooby doo style disguise we’ll soon find out!
Stay tuned to for any further advancements on this story!