Leeds in serious danger of wasting Clarke fee

This article is part of Football FanCast’s Transfer Focus series, which provides opinion and analysis on recent transfer news…

Leeds United are starting to get the ball rolling in this transfer window. Three signings were announced on Monday, and Jack Clarke was sold to Spurs before coming back on loan on Tuesday.

Leeds are expected to have pocketed an initial £10m from the sale of Jack Clarke (update with what Hay said today), and with their reported sell before they buy policy they should be very particular about what they spend it on.

Unfortunately, though, they seem to be in danger of wasting the money generated from the sale of the 18-year-old.

What’s the story?

With £10m in the kitty, the Yorkshire club can start spending. Football Insider claim that the Whites are set to wrap up a loan deal for Helder Costa that will set them back around £3m.

The Yorkshire outfit have already signed Jack Harrison on loan in a move that reportedly cost around £1m, which means that Marcelo Bielsa’s side may be set to spend 40% of the Clarke fee on season-long loans.

Dangerous

Leeds are playing a very dangerous game here if these reports are to be believed.

The Whites can’t spend without selling, but to get rid of Clarke and spend a hefty chunk of that windfall on loan fees and wages is seemingly quite short-sighted.

Indeed, Harrison and Costa will aid their chances of getting promoted next season, but if they don’t go up Leeds will be worse off as they will be without their teenage sensation while having £4m less in the bank with nothing to show for it.

With the remaining money from the Clarke sale, United need to be a bit savvier with their spending or else their long-term aspirations could suffer for it.

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