Journalist rubbishes Leeds FFP claims
13 Jan 2022 08:29 am, by Ellandback1
Good Morning. It's Thursday 13th January, and here are the latest headlines from Elland Road...
Journalists rubbishes Leeds FFP claims
Recent reports suggesting Leeds hands are tied due to financial fair play have been rubbished by Beren Cross. The Leeds-Live journalist even suggests that the Whites could spend near on £100m before having to worry about FFP issues.
I read the report around the FFP issues, but it's not something I've come across myself. Kieran Maguire, a very well regarded expert in football finances, put something some research in November on how much each club had to spend in January and he calculated Leeds United had up to £99m to spend before running into FFP issues. If there were monetary issues, one of the modern trends with permanent transfers is to now declare a permanent signing, when the small print might say the first year of the deal is technically a loan before becoming permanent in year two of the contract.
FFP is calculated over a three year period and according to Maguire, Leeds are currently £99 million away from hitting any difficulties with regards to FFP. There are at least 7 clubs in the League with less head room than Leeds. This would have to be split accross the next three transfer windows but it does give Leeds plenty of wiggle room to invest this January and come summer. But of course, having the FFP leeway does not necessarily mean that Leeds have the cash to do deals. Leeds are big net spenders with hardly any player sales over the last few seasons. It may be that if they want to invest big, they still have to sell.
Leeds lining up bid for Fofana
Leeds are believed to be lining up a bid for Ivory Coast International Seko Fofana according to the Daily Mail. The 26 year old midfielder currently applies his trade with Ligue 1 outfit Lens, but started his career at the Etihad, before they sold him on to Udinese in 2016 for £2.5m. It is believed a fee of around £14m would be enough to tempt the French outfit. It seems Leeds may have joined the party too late. Burnley, looking to replace Chris Wood, have already held talks with Lens about his availability, whilst Newcastle have also been strongly linked.
Contract talks with Raphinha are ongoing
Contract talks between Leeds Utd, Raphinha and his agent Deco, are on going according to Leeds journalist Beren Cross. The inspirational Brazilian International has two and a half years left on his four year contract, yet the Whites are keen to secure the value of one of their biggest assets, and would like to tie him down for an additional couple of years. Cross even suggests that Raphinha's price tag could soar even higher if he has a good World Cup in December!
Contract talks between Leeds and Deco, Raphinha's agent, are ongoing. There is confidence a deal can be struck and the Brazilian will move onto terms which accurately reflect his status at the club and in the league. Raphinha is not making life difficult for anyone in any way around this deal. Naturally, I cannot predict the future or what Raphinha's camp may choose to do, but the noises are positive and it would suit all parties to sign a new deal and secure his value.
Evidently, there is going to be plenty of interest in him this summer, whether he signs a new contract or not. It will be two full seasons under his belt and clubs will feel they can tempt him away after proving himself at this level in a new country. Leeds will of course only sell at the price they are happy with. Whether that's in the summer, next January or summer 2023 remains to be seen. Do not overlook what the World Cup may do to his value if he's still a Leeds player by then.