Leeds post record £137m revenue as loss highlights PSR pressure | OneFootball

Leeds United have published 2024/25 accounts showing record £137m revenue in their title-winning season, up seven per cent on 2023/24, yet a significant pre-tax loss. The picture is tight under Profitability and Sustainability Rules.

Commercial income rose to £58.1m, up more than 34 per cent on £43.3m and higher than any of their three Premier League seasons. The Athletic reports that this ranks ninth among English clubs, including those in the top flight.

Matchday revenue was £31.6m, a slight year-on-year rise, while broadcast income fell from £53.6m to £47.2m. Leeds are the only club in the United Kingdom's third biggest metropolitan area, a structural advantage that could support long-term Premier League retention.

The deficit for the year to June 2025 was £49.2m, improved on a £60.8m loss a year earlier, but the three-year rolling total reached £143.7m. That exceeds the £61m maximum permitted over 2022 to 2025 under PSR, though certain expenses can be deducted.

Wages were the major outlay, at £107.7m, up 28 per cent, with an average weekly salary of £45,000. It is by far the highest among Championship clubs to publish so far, with Sunderland second on £54m. Burnley are yet to publish.

Football net debt fell 87 per cent from £128.3m to £16.3m, with funds from the 49ers enterprise ownership group facilitating summer investment. Investor cash for 2024/25 totalled £108m.

Source: yorkshireeveningpost.co.uk