But so far no agreement has materialised with current owner Massimo Cellino.
Celino has been involved in a string of controversies since buying Leeds in 2014.
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Leeds fans are keen for Massimo Cellino to leave the club
He's twice been banned by the Football League and was filmed in an undercover newspaper investigation offering to sell 20 per cent of the club to help investors avoid third-party ownership rules.
Supporters have regularly protested against his actions at Elland Road.
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He tweeted: "One step closer…but need more time."
Following his tweet, several supporters began dreaming of seeing the back of Cellino.
One fan said: "Unless you have better intentions than MC please don't tease us. Hope your not as frugal as him."
Another wrote: "You better be filthy rich you lad."