Leeds United will have to recoup at least £100 million in transfer sales this summer should the club fail to return to the Premier League via the play-offs, it has been revealed.
The Whites played out a relatively uninspiring goalless draw at Carrow Road on Sunday with Norwich City but are preparing to take on the Canaries in the second leg at Elland Road tonight. Daniel Farke’s men will need a victory to take them to the play-off final at Wembley next week.
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It was quite a disappointing end to the campaign for the Yorkshire club. Having led the Championship table just a few weeks ago, one win in their final six games of the regular season placed them third in the table, with Ipswich Town earning an unprecedented promotion to the top-flight through the automatics.
Leeds United are now potentially two matches away from deciding the fate of their transfer activity. According to a report from The Daily Mail, the Whites will be forced to raise up to £100 million in player sales this summer should they fail to return to the Premier League at the first time of asking.
Parachute payments are greatly reduced in the second season after relegation and Leeds currently have a number of players on the books who are on hefty wages. The outlet are claiming that star attacker Crysencio Summerville is the likeliest to leave after he bagged 20 goals and recorded 10 assists in 47 games this season.
The Mail have revealed that this impending fire sale will occur as the board need to offset operating losses which came to £106 million, as per the club’s latest accounts. This will be important to comply with the Profit and Sustainability Rules.
Writer’s View
There are a number of valuable players currently plying their trade at Leeds United. The likes of Summerville, Archie Gray, Joel Piroe, Georginio Rutter, Ilian Meslier and Wilfried Gnonto could be just a few of the names that will likely be sold this summer should the club fail to clinch promotion to the Premier League.
Unfortunately, the Whites have a top-flight squad playing in the Championship so this will be unsustainable next season when parachute payments are reduced, meaning it could be even more difficult to get promotion in the 2024/25 campaign.
Deputy Head of Writing
