A Football League spokesman said:
"At its meeting in London today, the Board of Directors of The Football League considered the outcome of the recent appeal by Massimo Cellino under the Owners' and Directors' Test.
"In making its original decision, the Board took the view that Mr Cellino's recent conviction in Sardinia was for an act that 'would reasonably be considered to be dishonest' and that he was therefore subject to a disqualifying condition.
"In the current absence of detailed reasons for the conviction from the Sardinian Court and having taken into account the principles of Italian law, an independent QC reached a different conclusion. On this basis, Massimo Cellino is cleared to be a Director of Leeds United."
For all the latest news on Leeds United please click here