May 29, 2014
970
Cagliari president Massimo Cellino has agreed to sell the Serie A club to an unidentified American consortium.
Cellino, who recently took over Leeds, has been in charge at Cagliari for 22 years but has been frustrated in his efforts to build a new stadium for the Sardinian club.
"I am very happy," Cellino told Italian news agency ANSA on Wednesday after a meeting in Miami. "Now it will be up to them to fight with bureaucracy. I hope that they let them do what they didn't let me. ... We have reached an agreement and we have drafted a letter of intent providing for their entry into the company."
Source: http://www.washingtonpost.com
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