Archie Gray is on the verge of joining Brentford from Leeds United, which is sure to irritate Leeds fans, but what does it imply for Profit & Sustainability Rules?
The 18-year-old youngster shone for Leeds after making his debut on the first day of the season against Cardiff City. Gray had a fantastic season, playing more than 50 games and earning England U21 caps.
Of course, at the age of 18, that was bound to spark interest. But with Gray signing a new long-term contract in January and showing no signs of quitting, Leeds fans were convinced he’d stay.
However, that all changed on Saturday evening, with Brentford reportedly closing in on a £40 million agreement to secure the Leeds star. Gray underwent a medical last night as he approached an exit.
The scenario surrounding Leeds and Profit & Sustainability regulations
Initially, reports claimed Leeds owed £190 million in player transfers. That number has since been decreased, owing primarily to the sales of Luis Sinisterra and Tyler Adams, as well as the club’s second-season parachute payments.
That, and, of course, RedBull’s investment in the club, which led to shirt sponsorship. Other players are departing the club, with Marc Roca and Charlie Cresswell poised to go permanently.
But, what does Gray’s departure imply for Leeds? Does this mean Leeds is now in a strong position to comply with the requirements on July 1? Should Leeds sell players like Crysencio Summerville and Willy Gnonto?
What Ben Jacobs stated regarding the impact of Gray’s departure on PSR
The well-known transfer specialist took to his own X account to advise Leeds fans that, despite initial rumors of £190 million owed in transfers, the club needed to raise less than £100 million to comply with PSR.
Leeds were confident of not breaking the restrictions thanks to the sales of Adams and Sinisterra, as well as Red Bull’s investment, so long as they made one big-name sell by July 1, which appears to be Gray.
Jacobs stated, amid suggestions that Gray is ready to depart: “A Gray sale will allay Leeds’ PSR concerns.” They don’t require anywhere near £100 million. If Gray leaves, Leeds is certain that they will follow the financial regulations.
“It puts them in a better position if offers come in for Summerville. The next set of accounts will reflect Red Bull’s investment as well as Adams and Sinisterra’s sales. Leeds are satisfied that no violations will occur as a result of the Gray sale.
