BOMBSHELL: Leeds United facing risk of major financial failure if they clinch Premier League promotion

April 16, 2024

Stefan Borson has raised concerns that Leeds United could potentially violate the Premier League’s profit and sustainability regulations if they secure promotion from the Championship this season.

The financial expert pointed out that an estimated £20 million setback in promotion bonuses, coupled with a decrease in revenue, could push Leeds over the PSR limits, resulting in penalties.

Despite Kieran Maguire and Phil Hay’s assertions that player sales have helped Leeds stay within the PSR boundaries, Borson emphasized that the lack of a corresponding revenue boost could spell trouble if they ascend to the Premier League.

During a recent talkSPORT appearance, Borson noted, “If Leeds are promoted this season, they are at risk of breaching the PSR due to the substantial hit from promotion bonuses and the absence of revenue growth. It’s an ironic situation where promotion itself could lead to their failure.”

Past instances with Everton and Nottingham Forest being docked points for financial infringements in the Premier League highlight the potential consequences for Leeds if they falter.

Maguire assured supporters that player sales have kept the club afloat financially, but concerns linger over pre-sale losses. Hay stressed that while current financial standings seem secure, attaining Premier League status is essential to avoid future PSR complications.

If Borson’s predictions come to fruition and Leeds exceed PSR limits post-promotion, ramifications may loom large for the club. Despite the financial security expected with Premier League promotion, the conundrum of bonus-related breaches poses a daunting challenge.

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