ChampionshipLeeds United owner Massimo Cellino has lost his appeal against the Football League's decision to disqualify him from owning the club, reports BBC Sport. He was disqualified in December after the League obtained documents from an Italian court, which had found Cellino guilty of tax evasion.
The 58-year-old Italian is prohibited from having anything to do with the running of the club until 10 April.
The Professional Conduct Committee set up by the Football League to hear Cellino's appeal against the decision ruled that the verdict of the Italian court was for an act involving dishonesty, which is a disqualifying condition under its owners' and directors' test.
The Football League said in a statement: "We consider that the judge's findings of fact and her description of Mr Cellino's state of mind based on them, is of conduct which would reasonably be considered to be dishonest."
Leeds chief operating officer Matt Child told BBC Radio Leeds that the club were "surprised and disappointed" with the verdict and "would continue to take legal advice".
He said: "It's very early days for us and we will be talking to the lawyers about our opportunities.
"We've got lots of very good people with us and we will be liaising with the Football League and their legal team to see what the potential outcomes could be for Leeds United. We will be as compliant as we need to be.
"Massimo feels like he has been invited to a party and when he has shown up he hasn't been allowed in."
