Leeds United owes other teams £190 million in transfer price instalments from prior player purchases, according to Kieran Maguire.
The football financial expert claimed via X on Wednesday (10 April) that the Whites were relegated with a side that cost £381 million, but their current records show that they still owe other teams a total of £190 million in instalments.
Despite the large sums due to other teams around the world, Daniel Farke‘s side is only set to receive £2 million from previous player sales, barely offsetting their spending in the transfer season.
He wrote on X on Wednesday, he said: “Leeds owe other clubs a Jesus, Mary, Joseph and the wee donkey £190m in transfer fee instalments on player purchases but only due to receive £2m on player sales.”
Will Leeds receive FFP punishment if promoted to the Premier League?
According to Maguire‘s opinion, Leeds had previously spent irresponsibly, and these recent accounts imply that the Whites are still experiencing the consequences of their Premier League spending.
To still owe £190 million is mind-boggling, and it begs the question of how much money the Whites have already spent on players signed in prior windows, or how much has been offset by future add-ons.
Leeds must begin selling players permanently, regardless of which division they are in next season, as Maguire’s studies show that the outgoing and entering are now incredibly unbalanced.
There have been concerns that Leeds could violate the Premier League’s profit and sustainability regulations if promoted this season [i News, 12 March], and it is simple to see why given these current data.
Hopefully, the positive work done behind the scenes at Elland Road will continue to level the playing field and alleviate PSR anxieties.
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