Football finance expert claims Leeds will fail FFP if promoted

17 Apr 2024 08:06 am, by Ellandback1

Good Morning. It's Wednesday 17th April, and here are the latest headlines from Elland Road

Leeds will fail FFP if promoted

Top Lawyer and football finance expert Stefan Borson has claimed that Leeds Utd will fail the Premier League’s FFP regulations if promoted to the top flight this season!

Borson, Chief Executive of the 'Watchstone Group', whose past clients include Manchester City, alleges that a £20m promotion bonus (inserted in the contracts of the players and coaches) will tip Leeds over the edge of their profit and sustainability responsibilities, and make them susceptible for prosecution next season. Although Phil Hay and Keiran Maguire have both assured the Leeds faithful that the books balance, Borson is insistent that promotion bonuses will spoil the mood at Elland Road this Summer. Speaking to talkSPORT, Borson claimed...

If Leeds get promoted this season, they will fail PSR because of a £20million hit to promotion bonuses. “Of course, they’ve not had the countervailing revenue increase, they’ve actually had a revenue decrease. Ironically, by getting promotion they could fail PSR and be punished in the Premier League even though the only reason they failed is because they got promoted.

Saints claw their way back into promotion contention

Southampton moved back to within three points of Leeds (and a game in hand) with a dominant 3-0 victory over Preston, last night at St Mary's. Just when the South Coast outfit looked down and out, wins against Coventry, Watford (and Preston) have bought Russell Martin's side back into the reckoning. Leeds do still command a better goal difference than all their promotion rivals with a +42 (vs +30 Southampton, +32 Ipswich and +41 Leicester City).

Just two points separate Leeds from top spot, and with only three games of the season left, that advantage could prove critical when all said and done!

Boro could be without 11 first team players for Leeds clash

Middlesbrough could be without eleven first team players for the clash with Leeds Utd next Monday!

Whilst Luke Ayling and Sam Greenwood are ineligible to play against their parent club, Tom Glover, Tommy Smith, Darragh Lenihan, Paddy McNair, Dael Fry, Hayden Hackney, Riley McGree, Marcus Forss, Josh Coburn are all suffering with injury. Michael Carrick's team are undefeated in nine games, but their rich vein of form has come too late to make the play off's. They are eight points shy of sixth place Norwich City, and with just three to play look set to just miss out.

View all Showing latest 5 comments of 20...

SG90 wrote on 18 Apr 2024 08:28 am

This guy's talking bollocks, as we had promotion bonuses in 19/20 and they weren't counted towards ffp. I'd rather listen to Kieran Maguire than some bloke on talkshite.

weasel wrote on 17 Apr 2024 03:33 pm

I saw the interview on talksport and whilst we may have promotion bonuses I hardly see it as a problem as even if we got promoted we could simply not pay the bonuses until the first day of next season in terms of the financial year (I think this would be July 1st). That would then mean that the supposed £20m bonuses would be in next season's accounts and the club can set the budget accordingly.

Jaydog wrote on 17 Apr 2024 02:10 pm

weasel wrote: Wed Apr 17, 2024 1:35 pm I fear they are being filthy Jaydog and taking advantage of your innocnet naivety.
Yes I think so. I only know crumpet from having it with granny in front of the fire. Such innocent days.

weasel wrote on 17 Apr 2024 01:35 pm

Jaydog wrote: Wed Apr 17, 2024 12:54 pm You can say that again.
I fear they are being filthy Jaydog and taking advantage of your innocnet naivety.

weasel wrote on 17 Apr 2024 01:34 pm

Jaydog wrote: Wed Apr 17, 2024 12:06 pm I’m a member of the meat & crumpet society so got an early heads up. I’m happy to send you some at ridiculously marked up prices 👍🏼
Yes please, I can't wait to get my hands on your lovely meat. My lips are salivating in anticipation.
However I have just been informed that Royal Mail are no longer delivering packages so small.