We are delighted to welcome a football finance expert Dr Daniel Plumley as an exclusive columnist. Each week he will give his views on the main talking points at Leeds United...
Leeds United are financially sound even though they are giving players £48million to avoid relegation.
That’s according to Dr Dan Plumley who claims the model Andrea Radrizzani has put in place with director of football Victor Orta is benefiting the club more.
He believes the income generated by being in the English top flight outweighs that of the EFL Championship.
According to athletics Phil Hay£48million will be paid to the players in case Los Blancos avoid relegation next season as well.
Discussing the figures with MOT Leeds News, the expert from Sheffield Hallam University said:
“£48million is offset by the cost of the club. Your income would then be higher than it would be in the league.
“From a cost-benefit perspective, you always win.
“I think that’s how it should work with player contracts.
“The gap between the two leagues is too big not to consider and throw all your eggs in one basket.”
Leeds recorded a pre-tax profit of £26million for the 2020-21 season, which was only their second annual profit in the past 10 years.
They are set to avoid relegation this season, so the numbers will be similar for the next term as well.
In other Leeds United news, the Whites are leading the race to complete a major signing and have already opened talks to complete a £25m deal.