Leeds United will receive almost £8million in transfer payments this month.
According to the club’s accounts, as analysed by Football Insider, the Whites were owed nearly £17million from other clubs at the end of June last year.
It’s claimed that £7.7million of those transfer payments are due to be paid to the West Yorkshire club at the end of this month.
As well as being testament to the shrewd business that’s been done by Victor Orta and the club’s hierarchy, it could certainly come in handy over the coming months.
The Whites are firmly on track to secure promotion to the Premier League, and that means that they face a pivotal summer in the transfer market.
While significant funds have already been spent on bolstering Marcelo Bielsa’s squad, promotion would mean another big window to strengthen as they look to bridge the gap between the top two divisions.
GIVEMESPORT’S Phil Spencer says…
News of a financial boost is likely to go down well at Leeds United.
The club have spent vast sums of money to get into their current strong position as they looked to provide Marcelo Bielsa with a squad capable of challenging for promotion.
Thankfully that financial gamble seems to be paying off as they look to be on track to achieve their objective of securing promotion.
At the very least, this £7.7million will be a big boost towards their Financial Fair Play goals, but in addition it will also allow them more flexibility in the transfer market this summer.
It’ll be crucial that Leeds United get things right if they’re to adapt to life in the Premier League, but given the shrewd business done by Victor Orta so far, you’d have to believe that he will do another good job in the market this time around.
- Leeds United rule out move for former star
- Whites confident of striking Jack Harrison deal
- Darren Bent defends Newcastle United owner Mike Ashley