Leeds United's French striker Georginio Rutter (L), Leeds United's Spanish midfielder Marc Roca (C) and Leeds United's German defender Robin Koch (R) react to conceding their sixth goal during the English Premier League football match between Leeds United and Liverpool at Elland Road in Leeds, northern England on April 17, 2023. (Photo by Oli SCARFF / AFP) / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 120 images. An additional 40 images may be used in extra time. No video emulation. Social media in-match use limited to 120 images. An additional 40 images may be used in extra time. No use in betting publications, games or single club/league/player publications. / (Photo by OLI SCARFF/AFP via Getty Images)
According to Football Insider, Leeds will will automatically cut at least £53million from their wage bill if they are relegated.
After a season of ups and downs for Leeds United, the financial consequences of relegation have been revealed by a report from the Football Insider. The club are in danger of returning to the Championship after a season in which they spent big on transfers. Leeds sacked two coaches this season, bringing in Sam Allardyce over a week ago.
According to the report, Leeds have clauses in players’ contracts that will cut wages by 50-60 per cent if they find themselves in the Championship next season. The club’s current wage bill is £106.5m according to their most recent set of accounts, dated 30 June 2022.
Based on these figures, a 50 per cent cut across the board would leave Leeds with a wage bill of £53.25m according to the report.
The Whites have two must win games to save their season – they face West Ham at the London Stadium this Sunday, before playing their final game at Elland Road against Spurs.
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