The regional newspaper claim the Championship leaders are facing the jawdropping bill due to the bonuses loaded into the contracts of their players, as well as through transfer add-ons.
The YEP report the club’s most recent accounts detailed £16.1million are owed in player bonuses if Leeds go up, topped up by a further £6.3million of transfer top-up payments.
The earning power of a Premier League footballer is in a completely different stratosphere to that of a Championship one, as the Leeds players will find out if they reach the holy grail of the top flight after 15 years in the lower league doldrums. United, will of course, be quids in if they secure an automatic promotion finish. The Premier League broadcasting deal alone is worth a minimum of £100million, which was triple Leeds’ revenue last season. Throw in the commercial spin-offs, with kit and shirt sponsorship deals likely to be linked to promotion and consequently significantly increase, and the increased matchday revenue through what will no doubt be sell-out crowds, and Andrea Radrizzani and company will be rubbing their hands with glee. Yet, there will be costs to be paid before the first Premier League TV payment in August. It will be a wonderful problem to have, of course, and Premier League status has to be as much about prestige as money.