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Leeds’ windfall from sales aren’t likely to be reinvested

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

Leeds’ financial worries may be worse than initially thought as two stories that broke on Tuesday state that the club are selling key players in order to comply with financial fair play regulations.

What’s the story?

Last week it was reported that Pontus Jansson would be sold by the Whites due to his disruptive presence in the dressing room.

After signing for Brentford, the Swede contradicted these reports and stated that he was sold due to the Yorkshire club’s need to balance their books for FFP purposes.

Speaking to Aftonbladet, Jansson said: “Leeds needed to sell to get a better balance in the economy because of the Financial Fair Play rules, and then they saw that they could make money from me.”

The Sun journalist Tom Barclay stated that Kemar Roofe could be sold for the same reasons.

The striker has been linked with a £5m move to Rangers this week, and it looks like Leeds could be forced to sell him.

Won’t be reinvested

Despite reports earlier in the summer stating that the Whites could be working on a sell before they buy policy, it’s hard to see these fees being reinvested if the Yorkshire outfit are cutting it fine with FFP.

We’ve known that Andrea Radrizzani has been operating at a loss as the club lost £4.3m during his first year in charge despite selling Chris Wood for £15m.

It seems that the sale of Wood kept the Whites safe from FFP sanctions. Championship clubs are allowed to lose £39m over a three-year period. Without player sales, they had been operating at a loss of around £20m for 2017/18.

This means that if the Yorkshire outfit continue to lose money at the same rate, they would need to sell at least £7m worth of players each year in order to avoid sanctions.

Last season we saw Ronaldo Vieira sold for £7.7m, and this term we have seen Jack Clarke and Pontus Jansson depart for combined initial fees of £14.5m, but Kemar Roofe may still follow as Leeds have been spending big over the past couple of years.

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They’re committed to spending £15m on Helder Costa next summer, and they signed Patrick Bamford in a deal worth up to £10m.

This type of spending may have to stop though, as it seems the Whites are on the brink of being handed an FFP sanction.

Article title: Leeds’ windfall from sales aren’t likely to be reinvested

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