Massimo Cellino says Leeds "has no manager"

Here is the second part of our exclusive interview with Leeds United's controversial new owner Massimo Cellino.

The Italian businessman who completed his 75% takeover from previous owners GFH Capital last month, says the club lost 16 million pounds last year and he's having to make drastic cuts as a consequence.

Last week the Italian businessman temporarily closed the clubs training facility at Thorp Arch and last night began laying off staff, some of whom haven't been paid this month due to a winding up petition served against the club. Chris Dawkes reports.

He is one of the most colourful and controversial characters working in football today - and true to form, Massimo Cellino gave some explosive insights into the workings of Elland Road in an exclusive interview with Calendar.

The Italian multi-millionaire, who completed his 75 per cent purchase of Leeds United last month, told us that the club currently has no manager.