This article is part of Football FanCast’s Pundit View series, which provides opinion and analysis on recent quotes from journalists, pundits, players and managers…
In an interview with West Yorkshire Daily (6pm, 04/09), Angus Kinnear has spoken about the financial situation at Leeds, revealing that the transfer gees gathered from players like Kemar Roofe and Pontus Jansson is unlikely to go into buying new faces.
Leeds’ battle with profit and sustainability has been well documented and one of the factors in Jansson’s departure was down to financial fair play.
That was according to Paul Bell who acknowledged over the summer that they may have to sell players.
The Swede departed for £5.5m whilst Roofe and Bailey Peacock-Farrell walking through the exit door has also improved the Whites’ financial situation.
However, those fees are unlikely to be spent on new faces because of the club’s current wage bill. Talking to the BBC, Kinnear said it will go into player wages in a bid to keep the squad’s integrity intact.
“The biggest thing to understand is how much the wage bill has grown under Andrea’s tenure. The wage bill when he took over was for a mid-table team and there was a correlation with how much you spend on the wage bill and where you finish.
“The type of players that can get us promoted are more expensive so our wage bill has grown significantly. Some of the player sales money goes into supporting that wage bill and maintaining the integrity of the squad.”
Although a lack of new permanent faces over the summer might have come as a disappointment, it’s certainly a sensible operation Leeds have in place, particularly because of financial fair play.
Growing the wage bill so significantly under Andrea Radrizzani has helped in terms of Leeds’ league position but now so close to tasting the Premier League, their past activity has arguably restricted the Whites at a time where they need to spend most.
Replacing players like Jansson was crucial and they’ve managed to do so by opting for a cheaper alternative of temporary loan signings.
For the time being, Leeds are doing the right thing in injecting the finances they gained into those already at the club.
The very fact a possible £40k a week deal for Kalvin Phillips is on the cards is evidence of this and quite possibly without player sales, it wouldn’t have been feasible.
Signing six loan players was rather questionable over the summer but it’s understandable when you consider the bigger picture.