Sebastien Sainsbury has today been warned he would be making a “big mistake” if he were to offer any of the current Leeds directors a place on the new board.

Sebastian Sainsbury’s projected £25m (€35.8m) Leeds takeover appeared to move a significant step closer last night.

Sebastian Sainsbury insists the deal to buy Leeds will be sealed by the end of the week.

Leeds chairman Gerald Krasner sat tight as more details began to emerge of the consortium behind a projected £25m (€36.2m) buy-out.

Sebastian Sainsbury claimed today he will become Leeds chairman by the end of the week, amid more confusion over his consortium’s plans for the struggling club.

The latest takeover tale at Leeds continued today with Sebastian Sainsbury setting Friday as his target for becoming club chairman.

The British-American consortium planning a £25m (€36m) takeover of Leeds claim to have provided proof of funding to the Yorkshire club.

William Hill say Martin O'Neill is 8/15 favourite to take over as Leeds manager.

Celtic say they expect Martin O'Neill to stay at the club.

David O'Leary claims Leeds have "a great spin doctor at the club" as the furore over his departure threatens to boil over.

The Sun claims Martin O'Neill will take over from David O'Leary at Leeds, while the Daily Mail believes Mick McCarthy is the favourite.

Rio Ferdinand says Leeds' decision to sack David O'Leary had nothing to do with him.

Republic of Ireland manager Mick McCarthy looks to be out of the running to replace the sacked David O'Leary at Leeds.

Peter Ridsdale has revealed he sacked David O'Leary because of a lack of silverware and Leeds' failure to qualify for the Champions League.

Leeds United have denied reports that have offered £8m (€12.9m) for Feyenoord winger Brett Emerton.

Leeds United are interested in signing Feyenoord’s Australian midfielder Brett Emerton, according to a report.