We are thrilled to welcome Dr Daniel Plumley, a football financial expert, as our exclusive contributor. Each week, he’ll give his thoughts on the key talking points at Leeds United.
Dan Plumley has reiterated that Leeds United‘s ability to make moves in the transfer window before the February 1 deadline is limited.
The finance specialist revealed that the Championship had lower profit and sustainability requirements, with the Whites suffering a £60 million revenue loss since relegation.
It comes after Daniel Farke specifically highlighted the Financial Fair Play restrictions at Thorp Arch during one of his press briefings, while transfer activity remained low.
“There is [a limit],” he said exclusively to MOT Leeds News.
“It’s also the other end of the parachute payment argument in many ways, those payments are a benefit to a newly-relegated Premier League club, they allow you to have a bit of flex in your wage bill, it allows you to look at the balance of your squad and keep some of your biggest players to able you to be able to go back up”The flip side of that is that you are then dealing with the Championship‘s profit and sustainability regulations, which have a far lower permissible level than the Premier League.
“You have to adjust, you have to have those wage reduction clauses in contracts which we know Leeds have got, you have to rebalance that.”You are more likely to get promoted if you have parachute payments, but you can’t be as reckless in the transfer market because you are subject to different laws and have had £60 million wiped from the revenue line in relegation.”
In other Leeds United news, our Expert believes that the Whites may penalize one of their players following an incident.
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