Massimo Cellino has been informed that he has been banned from returning to Leeds United until May 3.
Earlier this year, the Italian businessman was disqualified from running the Championship outfit until April 10, but the Football League has extend his absence by a further three weeks.
A joint statement from Leeds and the Football league read: "The club and Cellino have decided in the interests of the club, its players and supporters not to contest this charge.
"As a result, Cellino's period of disqualification as a 'relevant person', as defined by the regulations, has now been extended from April 10 until May 3, the day after the conclusion of the 2014-15 league season.
"Cellino's right to challenge the decision of the Professional Conduct Committee under Football Association Rule K is unaffected by this settlement."
Leeds currently sit in 15th place in the league standings.