Leeds utd in deep trouble .

Leeds United owe other clubs £190m in transfer fee instalments on player purchases, £73m of which is due by June 30th 2024, but are only due to receive £2m on player sales

Leeds are actually falling apart.

Leeds United’s financial situation revealed as £190m transfer obligation preempts summer of change



By Joe Donnohue

28th May 2024

Among Leeds United's most pressing financial issues following last Sunday's play-off final defeat is the need to fund up to £190 million in outstanding transfer fees owed to other clubs.
The Whites' failure to clinch promotion via the Championship play-offs has ramifications for their summer spending and future financial health. Premier League membership is worth approximately £140 million per season whereas clubs in the second tier receive a fraction of the income of their top flight counterparts due to reduced centralised payments in the EFL and lower broadcast TV deals.

Leeds will still be in receipt of parachute payments during 2024/25, although that will be reduced by roughly 18 per cent compared to how much they will have received in 2023/24.



While the financial picture is far from rosy, nor is it overtly bleak, as outlined in the club's most recent set of accounts. That said, as for any business with operating costs at Leeds' level, there will need to be belt tightening over the next 12 months before the team has another crack at promotion. The club do have one of the Championship's highest wage bills, although that is to be expected considering their recent participation in the top flight where attracting the best players requires paying exponentially higher wages.

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Arguably Leeds' most pressing issue is their outstanding transfer fee creditors. In layman's terms, this means the instalments Leeds still owe to other teams when previous signings have been negotiated. Rarely do clubs buy players up front, transfer fees are often spread out in instalments over several seasons. Leeds, however, did negotiate lump sum payments in the sales of Kalvin Phillips and Raphinha therefore by comparison, the club are only owed somewhere in the region of £2 million in instalments from other teams.

Up to the end of June 2024, Leeds will have been required to pay £73 million in outstanding transfer fees, leaving a £116 million figure that is due to be paid in future. The most efficient way to raise that sort of money over a period of time is through player sales, which there is expected to be at Elland Road this summer.

Fortunately, the club still generates significant revenue from commercial and sponsorship deals given its global standing and brand recognition in the world of football. Equally, the young squad at Daniel Farke's disposal has a number of saleable assets, in addition to those who have spent 2023/24 out on loan following relegation, some of whom are unlikely to be absorbed back into the squad. This includes Luis Sinisterra and Tyler Adams, whose sales for reported sums of around £20 million each, will only be reflected in the next set of accounts released in the first half of next year, and are bound to help the club's financial picture.

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As with the majority of Championship clubs, Leeds will be expected to report an operating loss when new accounts are released next year, however that is not out of the ordinary and should promotion be won at the second attempt, a much healthier financial outlook will be reflected through a return to the Premier League.

Fire sale will be needed in the summer .they will break ffp just like Leicester did but they went back up .Leeds really needed to win that final .I wonder what there wage bill was last season and this coming season . Can't see it being matched by parachute payments the owners will have to lend them 10s of millions.

The list of Leeds United players' weekly wages:
1. Georginio Rutter: £70,000 per week
2. Patrick Bamford : £70,000 per week
3. Junior Firpo: £60,000 per week
4. Daniel James: £50,000 per week
5. Pascal Struijk: £50,000 per week
6. Stuart Dallas: £45,000 per week [retired]
7.Ethan Ampadu: £40,000 per week
8. Karl Darlow: £30,000 per week
9. Illan Meslier: £30,000 per week
10. Glen Kamara: £22,500 per week
11. Wilfried Gnonto: £20,000 per week
12. Joel Piroe: £15,000 per week
13. Crysencio Summerville: £15,000 per week
14. Ilia Gruev: £15,000 per week
15. Joe Gelhardt: £15,000 per week
16. Mateo Joseph: £15,000 per week
17. Kristoffer Klaesson: £10,000 per week
18. Charlie Cresswell: £7,500 per week
19. Archie Gray: £5,000 per week
20. Sonny Perkins: £2,500 per week

End of loan spell:
1. Connor Roberts: £30,000 per week
2. Jaidon Anthony: £25,000 per week
3. Joe Rodon: £9,615 per week

Out of contract this summer:
1. Luke Ayling: £35,000 per week
2. Sam Byram: £25,000 per week
3. Liam Cooper: £25,000 per week
4. Jamie Shackleton: £1,500 per week

Leeds United players returning from loan:
1. Jack Harrison: £60,000 per week
2. Diego Llorente: £57,000 per week
3. Marc Roca: £50,000 per week
4. Brenden Aaronson: £45,000 per week
5. Rasmus Kristensen: £45,000 per week
3. Maximilian Wöber: £34,000 per week
7. Sam Greenwood: £30,000 per week
8. Ian Poveda: £6,100 per week
9. Cody Drameh: £4,400 per week

Cody Dramah on £4.5k and we wanted him to stay.

Even Tan would have gone for that so how come we did not pull it off.

That's the problem when a club takes a chance, throwing money at returning to the premiership and it don't come off, at least we are a little better, goes to prove home talent coming through is always better.

That's the problem when a club takes a chance, throwing money at returning to the premiership and it don't come off, at least we are a little better, goes to prove home talent coming through is always better.

Agree

Cody Dramah on £4.5k and we wanted him to stay.

Even Tan would have gone for that so how come we did not pull it off.

depends on the loan fee amount

Cody Dramah on £4.5k and we wanted him to stay.

Even Tan would have gone for that so how come we did not pull it off.

depends on the loan fee amount

Poveda is a really good player too.

Other news reported that both Leicester and Everton face big points deduction..

Other news reported that both Leicester and Everton face big points deduction..

This is not going away for the Everton fans.