Leeds United receive £40m+ boost as financial update emerges at Elland Road

Ben Jacobs claims that Leeds United’s financial status is not as dire as previously thought.

The Daily Mail (16 May) had already reported that should the Whites fail to return to the Premier League,

they would need to raise £100 million.

Nevertheless, Jacobs disclosed in an interview with Give Me Sport on June 17 that the

The financial aspect of Leeds is another factor. Just to take note of the widely-reported fact

that they must earn £100 million to balance the books,” he remarked.

According to what I gather, the number might be a little high and does not account for the upcoming financial year books.

The amount of money Leeds needs to raise through sales will drop from £100 million to

less than that if Tyler Adams and Luis Sinisterra’s deals are declared.

This is a major plus for the team and Daniel Farke.

The stated £100 million that the Whites must raise can be nearly halved if the sales of Adams and Sinisterra are taken out of the equation.

According to BBC Sport (9 February), Sinisterra paid £20 million to join AFC Bournemouth.

And Leeds has the Cherries to thank once more because Adams had previously expressed interest in moving to the Vitality Stadium;

according to a report from BBC Sport on August 20, the agreed-upon sum was more than £20 million.

This means that player sales have exceeded £40 million,

which is a significant increase considering the reported £100 million that must be raised at Elland Road.

This implies that Farke may be able to hang onto one or two more players,

which will benefit the German coach as he attempts to lead Leeds back to the Premier League the following season.

In unrelated Leeds United news, the team’s pursuit of one player has taken a serious hit.

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