The 29-year-old property entrepreneur was recently named among the top ten richest people under 30 in Britain with a fortune estimated at £69m.
He has tabled a £10m bid for the club and, if successful, says he will provide a further £25m to bring financial stability to Elland Road.
Morris' lavish plans involve developing the land around Elland Road and building a new stadium as part of a multi-million pound entertainment complex.
SR Morris Group, who claim to be one of the fastest-growing property companies in the UK, say they plan to invest £400m in the scheme.
"Our plans are fully costed and very well financed," Morris said. "They offer a great future for Leeds United and the club's fans, allowing us to put the troubles of the past behind it. Our scheme would also put Leeds where it belongs, at the top of the tree in the north of England for entertainment and urban regeneration."
Morris was the leading shareholder in the Yorkshire consortium that was in charge at Elland Road for ten months from March 2004.