Cagliari president Massimo Cellino has shockingly revealed that he is set to sell the Sardinian club to businessman Tommaso Giulini.

It was expected that the club would be sold to an American consortium lead by Luca Silverstone but it appears as though the deal has fallen through at the last minute.

“I have reached an agreement with Giulini for the sale of Cagliari,” Cellino told Sky Sport Italia.

“The Americans were stalling and wanted another 90 days.”

Reports suggest that Cellino is set to net €40 million for the sale of the club, with the purchase also including the sale of the Assemini sports centre.

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