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    SportEarly
    Home»Leeds United»Exclusive: Leeds to make £172m financial announcement as deadline looms today
    Leeds United

    Exclusive: Leeds to make £172m financial announcement as deadline looms today

    SportEarlyBy SportEarlyMarch 30, 2023Updated:March 30, 2023No Comments2 Mins Read
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    The other clubs to have not filed their 2021-22 figures are Everton, Newcastle United, Southampton, Fulham and Nottingham Forest.

    Leeds’ accounts have been audited by the Premier League and their finance department has been applying the finishing touches before they are released to the public.

    Leeds posted only their second profit of the last decade in 2020-21, and their £26m surplus was one of just a handful of positive financial results in the Premier League, where clubs lost over £1billion in total.

    Both wages and player amortisation costs are expected to rise significantly in Leeds’ imminent accounts, however.

    Daniel James, Junior Firpo, Kristoffer Klaesson, and Jack Harrison – who spent the previous three seasons on loan at Elland Road – all joined the club permanently for a combined total of close to £60m during the financial year.

    Merit payments will also decline after Leeds, who finished 9th in their first season back in the Premier League the previous year, only narrowly dodged relegation.

    The return of matchday income will have somewhat bolstered their finances, with the club able to rake in around £15m per season through the turnstiles.

    Broadcast receipts will remain steady, while commercial income is likely to receive a small boost thanks to new deals with Socios and BOXT.

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