Leeds United will make a “big” profit after selling several of its key players in big-money transactions over the summer.
That is according to finance expert Stefan Borson, who told Football Insider exclusively that the Championship club should be good in terms of profit and sustainability (PSR) despite being close to their permissible deficits last season.
Leeds have already sold Archie Gray to Tottenham and Crysencio Summerville to West Ham this summer, earning the club approximately £55 million.
Georginio Rutter appears to be on his way to Brighton, according to Football Insider, which announced on August 15 that the forward had finalized terms with the Premier League club after they invoked a £40 million release clause in his contract.
Leeds United should escape points deduction after the summer sales.
Borson said that these purchases should keep Leeds on the right side of the financial regulations this season.
He told Football Insider: “I think they were very close to breaching last season, but Archie Gray repaired it.
“Obviously, with the sale of two or three players this season, they will be alright. They will make a large profit.
“We won’t know how close they were to breaching until we review their accounts.
“It’s tough to anticipate a relegated team’s payroll bill.
“They would have taken action when they were relegated because of their large pay expenditure in the Premier League, but we don’t know how many players had clauses or how the loans operated.
“We’ll have to see what their wage bill was last year to get a sense of where they stand on PSR for 2023-24.”
“But assuming that Archie Gray fixed that problem for them and, therefore, they went into this situation effectively at zero, you would think that they will be okay with the sales they have made.”