How Leeds United raise £90 million in unwanted player sales this summer to fund £190m transfer bill

Leeds United’s summer transfer window promises to be another busy affair, regardless of which division the club finds itself in.

The Whites have numerous players out of contract, which will need to be replaced in Daniel Farke’s squad, whilst reinforcements are made to the first XI as Leeds challenge to remain in the Premier League or go again at promotion from the Championship.

United will also need to find workable solutions for those currently out on loan, many of whom were signed for significant fees on significant wages during the summer of 2022, which preceded relegation from the top flight.

Following the release of the club’s latest set of financial accounts, Leeds also owe in the region of £190 million to other clubs in outstanding transfer payments. Up to £73 million of that will have been paid by June 30, 2024 but a large chunk will still remain beyond this summer. Meanwhile, Leeds are owed just £2 million in transfer instalments, choosing to be paid up front for the sales of Kalvin Phillips and Raphinha to Manchester City and Barcelona, respectively. As a consequence, this is not a particularly fruitful revenue stream for the Whites in their current guise.

In order to fulfil their transfer obligations, Leeds could well seek to move on those who have played no, or little, part in the team’s 2023/24 campaign. Those who deemed a year in the Championship to be detrimental to their careers are unlikely to be welcomed back with open arms by Daniel Farke, therefore attaining good fees for their services could be high on the summer agenda.

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