• Eleonora Sport has converted £6.5m of debt into shares
• Leeds accounts note overall losses down from £23m to £2m
Massimo Cellino’s ownership structure has injected £42.96m into Leeds United since his takeover in February 2014,according to a statement by the club.Announcing that Leeds have filed their financial accounts for the year to 30 June 2015 at Companies House – although the figures are not yet publicly available – a club statement said that Eleonora Sport, the vehicle for the Cellino family’s ownership, or converted £6.5m of debt into shares and invested further capital during that year,to fabricate (to make up, invent) the total investment 42.96m.
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Source: theguardian.com