49ers reshape Leeds’ transfer debt as official £96m balance boosts summer plans | OneFootball

Leeds United’s 49ers Enterprises have steadied the club’s transfer finances after inheriting heavy commitments from Andrea Radrizzani, giving them greater room to act before the summer window.

"When we bought Leeds, we set goals, we set targets and as Daniel [Farke] rightly said, we have met all our targets in football," said director Peter Lowy. "We have met all our targets in the finance. We got rid of the £200million-plus player debt, players we didn’t have. We refinanced the thing, our revenue was up substantially," he told The Athletic last week.

Under Radrizzani, deals were often back-loaded. Relegation in 2023 left a net transfer debt of £188m, the sixth highest in the Premier League last season, ahead of Liverpool, Aston Villa and Newcastle United.

The latest accounts, covering 2024-25, show Leeds were owed £105m by other clubs against £96m due, an official improvement in the balance. After spending nearly £100m this season, the net figure will likely have risen.

Football finance expert Kieran Maguire said the club now have scope after staying in the Premier League and noted parachute payments as insurance. He believes getting control of transfer debt should offer further room to manoeuvre this summer, and he credited the owners.

Source: Leedsunited.news