Among Leeds United's most pressing financial issues following last Sunday's play-off final defeat is the need to fund up to £190 million in outstanding transfer fees owed to other clubs.
The Whites' failure to clinch promotion via the Championship play-offs has ramifications for their summer spending and future financial health. Premier League membership is worth approximately £140 million per season whereas clubs in the second tier receive a fraction of the income of their top flight counterparts due to reduced centralised payments in the EFL and lower broadcast TV deals.
Leeds, however, did negotiate lump sum payments in the sales of Kalvin Phillips and Raphinha therefore by comparison, the club are only owed somewhere in the region of £2 million in instalments from other teams. Up to the end of June 2024, Leeds will have been required to pay £73 million in outstanding transfer fees, leaving a £116 million figure that is due to be paid in future.
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