Italian businessman in takeover talks with Leyton Orient
17:23 26 June 2014
O’s chairman Barry Hearn could sell his share of the club to Italian Francesco Becchetti.
Leyton Orient have confirmed Hearn is in talks with Becchetti over the potential selling of his shared in the Brisbane Road side.
Back in March, the Italian was reportedly interested in taking over Championship side Reading, but nothing failed to materialise.
However, the Italian has now expressed an interest in the League One outfit and chairman Hearn is now in talks with Becchetti over a potential deal.
A club statement read: “Leyton Orient can confirm that Chairman Barry Hearn is in talks with Italian businessman Francesco Becchetti regarding the sale of his shareholding in the Club.
“The sale is subject to due diligence and Football League approval and the Club will not be making any further comment at this stage.”