“I don’t think this Red Bull deal can save them” Wyness imposes Leeds must sell Key players to avoid risk of Point Deduction…. Who will leave Elland Road this summer?
According to the former CEO of Everton, now an advisor to elite clubs, Leeds United will still need to offload first-team players this summer despite the exciting investment from Red Bull. This insight was shared on the latest episode of the Football Insider’s Inside Track podcast.
While the recently announced Red Bull minority ownership stake aims to bolster Leeds’ financial position after reported losses of £33.7 million in 2022-23 and £34 million in 2021-22, the club faces constraints due to the Premier League’s Profit and Sustainability Regulations (PSR).
The PSR mandates that Leeds can only incur a maximum £61 million loss over the three-year period ending in 2024-25. Failure to comply could result in fines and points deductions, as seen with Everton and Nottingham Forest this season.
Although the full details of the Red Bull deal remain unclear, it is believed to involve equity investment, shirt sponsorship, and potentially other sponsorship avenues. However, questions arise about its impact on Leeds’ finances given the significant sums owed for player transfers.
With the pressure to balance the books and address the PSR requirements, the expert believes player sales will still be necessary for Leeds despite the Red Bull investment injection. The underlying financial challenges persist according to the advisor.
While the Red Bull investment is an exciting development, Leeds must still take measures to offload first-team players this summer to navigate the Premier League’s financial fair play regulations effectively.