World Class Legend pinpoints £50million PSR boost for Leeds United ahead of playoff final
Leeds United clinching promotion back to the Premier League would be a huge boost for the club’s finances, specifically in how they manage the outstanding transfer fees owed for previous deals.
Getting relegated from the Premier League into the Championship is always a blow to any club’s finances when they drop into the second tier, and Leeds have been no exception.
They weren’t in as bad a position as Leicester City have proved to be, but there is still pressure on both the Whites and Southampton to go up at Wembley on Sunday.
Finance expert Kieran Maguire has shared his latest insight into Leeds’ current financial situation, seemingly well clear of any PSR thresholds as they bid to return to the top flight.
The losses Leeds have posted for the last three years appear to be at £80million on face value, but Maguire forecasts a £50million drop when adjustments are made.
He predicts that the main problem for the 49ers is the outstanding transfer fees owed to other clubs, revealed recently as £190million.
Speaking to Football Insider, he said:
“From the losses I’ve seen, I estimated over the last three seasons that Leeds United lost around £80million.
“By the time you make adjustments for academy costs, infrastructure costs, the women’s team and commercial and community schemes that would probably drop to around £30million.
“Therefore, I think the issues around Leeds have perhaps been overstated.
“A bigger concern for Leeds is that they will have significant transfer debts both this season and next because of the amount of players signed on credit.
“Being in the Premier League would give them the extra cash to pay that off on an easier basis.
“Having said that, the 49ers will have a long-term vision to provide the club with enough resources and cash to complete transfers.“
49ers are running a much tighter ship at Leeds
At the moment, we are still under pressure to get back into the Premier League, that much is obvious when you see how many players were allowed to leave on loan.
However, with the 49ers in charge, we should have a lot of confidence that we’re not going to fall into the same pitfalls that Radrizzani and co did the first time around.
If we go up, all of this can be largely forgotten about as the money in the top flight is miles beyond what we have in the EFL.
Should we stay down, two or three sales above £10million probably relieve a lot of the worries.
