Leeds News

Leeds reveal financial agreement to put smiles on fans’ faces

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As per a club statement, Leeds United’s players have accepted a wage deferral deal to ensure those at the club in other areas can be paid in full and not be impacted by the current global pandemic and its financial impact.

The country has been hammered in recent weeks and with the expectancy that cases of the disease are expected to now rush towards a peak, the lockdown enforcement from the government has been put in place.

Of course, it has had to to help try and fight the spread of this virus, and one of the early measures put in place was the halting of the football season.

With that in mind, then, it’s perhaps no surprise that clubs were beginning to worry about cash flow and, though Leeds are in a better financial state than most, it’s still something to think about with the club already losing £2.5m in income from the two games that were not able to be played.

Are the Whites going up?

Yes

No

No

And, with a wage bill largely taken up by players who should have a fair bit of money tucked away, it is pleasing to see the sensible decision has been made by the highest earners at the club to take a step back and let those at the club who are on less and need to make ends meet, take priority.

Well done, Leeds.

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