A group of Chinese investors are reportedly interested in purchasing Championship side Leeds United.

Businessman Steve Tappin, who runs Chinese consultancy firm Xinfu, has claimed that he has held "a series of meetings" about buying out controversial owner Massimo Cellino.

Chinese firms have already assumed ownership at Midlands sides Aston Villa and Wolverhampton Wanderers this summer, with a Chinese buyout also believed to be in the works at West Bromwich Albion.

"There is definite interest in buying Leeds but I want to ensure it would be with long-term investment, significant working capital and the right governance so it can be a stable platform for sustainable Premier League success," Tappin told China Daily.

"Leeds United is a big club with a very strong fan base and huge potential for investors, particularly if it can be returned to the Premier League.

"There is huge potential for Chinese investors. Leeds is a sleeping giant. The brand valuations of Manchester United, Manchester City and Barcelona run into billions of dollars and not long ago Leeds used to be up among them."

Leeds last competed in the Premier League in 2004, when they were relegated amid financial troubles.