According to The Athletic’s Phil Hay, a number of Leeds United players have loan clauses in their contracts in the event of relegation, and it’s because it’s been used as a makeweight against big wage cuts.
Leeds has now said farewell to seven senior loan players. Max Wober, Rasmus Kristensen, Diego Llorente, Marc Roca, Br Aaronson, Robin Koch, and £11 million Jack Harrison, who is on loan at Everton.
More could happen. Tyler Adams‘ contract includes a £20 million release clause, however Willy Gnonto‘s contract does not include this loan clause. But Leeds‘ Luis Sinisterra, Junior Firpo, and other first-team players do. More are on the way.
However, there is one more abroad. FIFA allows seven overseas loans for players above the age of 21; Leeds currently has six. Victor Orta has been appropriately chastised for introducing these loan terms. It has put us in a terrible position.
Phil Hay discusses why Leeds players’ contracts include loan clauses.
However, Hay has explained why these stipulations are in the contracts, and it makes some sense. Leeds‘ pay cost, which was a whopping £10 million per month last season, has been drastically lowered, with Hay saying it has been cut in half.
Following relegation, some players’ earnings were lowered by as much as 60%. Leeds has been able to comply with Financial Fairplay while also saving money as a result of this. However, in order to persuade players to accept, the loan provision was incorporated.
Roundabouts and swings. It is a quick and reliable way of cutting a pay bill that was far too high for English football’s second tier. It is now in a manageable stage. However, it means that we have lost a significant number of guys for nothing.
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