Promotion bonuses attached to first-team contracts will put Leeds United on the brink of breaching Profit and Sustainability Rules if they are triggered this summer,The Yorkshire club are in the fight for promotion this season with Daniel Farke’s side currently third in the table with three games remaining.
The bonuses will be included in the club’s PSR calculations for the 2023-24 accounts if paid before the June 30 cut-off date. After losses of £37million in 2021-22, the club cannot afford another year of heavy losses or they face a potential points deduction for breaching financial regulations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chris Wilder urges Sheffield United to take a leaf out of Leeds United's bookIt has been a season to forget for Leeds United's Yorkshire rivals, with Sheffield United propping up the Premier League table going into the business end of the season
Source: leedslivenews - 🏆 118. / 51 Read more »
£51m Premier League bid 'rejected' for ex-Leeds United man liked by Newcastle United and ArsenalLeeds United could soon be reunited with a Marcelo Bielsa favourite.
Source: LeedsNews - 🏆 48. / 63 Read more »
Rio Ferdinand lifts lid on Keane spat after swapping Leeds United for Man UnitedFormer England international Rio Ferdinand departed Leeds United in 2002 but was given a telling-off in training by Roy Keane shortly after joining Manchester United
Source: leedslivenews - 🏆 118. / 51 Read more »
Ex-Leeds United and Sheffield United boss among favourites for job after Championship rivals sack managerPlymouth sacked Ian Foster on Easter Monday and a former Leeds United manager is in line to replace him.
Source: LeedsNews - 🏆 48. / 63 Read more »
Leeds United's 'gentlemen's agreement' amid Man United's 'concrete interest' in promotion rival bossAll the latest news as Leeds United approach the final six games of the Championship season
Source: LeedsNews - 🏆 48. / 63 Read more »
Ex-Leeds United and Sheffield United boss 'considered' for role after Championship rivals sack managerThe 75-year-old has already had two jobs in management this season.
Source: LeedsNews - 🏆 48. / 63 Read more »