Leeds United are expected to earn a “nice boost” to their finances after a UEFA clause for Euro 2024 was discovered, according to Dan Plumley.
The Whites are poised to collect roughly £420,000 from UEFA after Rasmus Kristensen, Max Wober, and Liam Cooper were called up to their respective nations’ Euro 2024 teams [London World, 17 June].
The team is unlikely to have budgeted for it given the uncertainties surrounding their call-ups, and football finance specialist Plumley feels this makes it a “very nice bonus” for the club.
“It’s just a nice boost, isn’t it,” he told MOT Leeds News exclusively.
“You can spend it however you see fit. If you’ve really planned ahead and looked at prospective players who could be selected for the Euros, you’ve probably budgeted for it, but it could just be a pleasant extra item that comes in as a bonus.
“Either way, in the grand scheme of things, with the revenue line at Leeds United and everything else going on, it’s not the largest sum in the world in relative terms, but it’s the upper end of £420,000 that you can work with.
“So it is a very nice bonus to have on the back of having very good players who are capable of playing for their international sides.”
Leeds United provided a cash boost for the summer transfer window.
In today’s football world, £420,000 is a small sum, but for a Championship team, it is enough to make a difference.
The club had issues about PSR this summer, which led to them deciding to sell Archie Gray, and the cash owed from UEFA is unlikely to alleviate those concerns at Elland Road.
However, with the new fiscal year beginning on July 1, it may be useful when negotiating compensation with players or simply contributing to other club expenses.
At this point, every little bit helps, and receiving nearly half a million pounds unexpectedly can’t hurt the Whites, so expect the 49ers to put it to good use.
