Cellino has begun work as United owner this week after completing his protracted takeover, paying a tax bill of over £500,000 to quash a winding-up petition.
Reports have suggested that the Italian, whose purchase of the Whites was originally blocked by the Football Association, is also poised to settle outstanding player and staff wages.
While off-the-field matters begin to take rosier shape, speculation still persists over the future of manager Brian McDermott, who has lost eight of his last nine Championship games as Tykes boss.
Cellino has previously hinted that the former Reading boss would be axed upon his arrival, but went on record this week to insist that the two of them can work together to take the club forward.
It has gone horribly wrong for the Tangerines since they stood at the top of the table at the close of August, with Paul Ince sacked and player-manager Barry Ferguson failing to halt their alarming slide.
They have won just two of their last 22 games to drop to within three points of the relegation zone with five games remaining, and Oyston admitted this week that he is to blame for their plight.
Some good news for the Seasiders is that they visit one of only three clubs below them in the Championship form guide on Saturday, and have just one senior fitness worry ahead of their trip North.
Leeds, who lost 3-0 to Watford last time out, are currently five points above Blackpool in the table
Possible starting lineups
Leeds: Butland; Byram, Pearce, Lees, Warnock; Brown, Pugh, Tonge, Stewart; Smith, McCormack
Blackpool: Gilks; McMahon, Mackenzie, Cathcart, Robinson; Basham, Bishop, Perkins, Keogh, Halliday; Goodwillie
Sports Mole says: 1-0