Leeds forced into devastating firesale thanks to £190MILLION debt with five key stars attracting Premier League interest
LEEDS UNITED have reportedly been forced into a devasting firesale after failing to win promotion to the Premier League.
The Yorkshire outfit was beaten 1-0 at Wembley by Southampton on Sunday.
Leeds United missed out on over £100million in broadcast deals as well as matchday and commercial revenue.
The Daily Mail has claimed that the club owes £189.7m in instalment payments for players before this year.
The club's recent accounts included an operating loss of £106 however this of offset by the sales of Kalvin Phillips and Raphinha
Leeds could now be set for an exodus of players this summer transfer window.
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Crysencio Summerville, 22, is one player who has attracted Premier League interest.
The Dutch winger has been linked with the likes of Liverpool, West Ham, Chelsea and Aston Villa.
Archie Gray is another breakthrough star who will have clubs circling.
Georginio Rutter and Willy Gnonto could also be set for the exit door.
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On-loan ace Joe Rodon also impressed while at Elland Road ahead of his return to Tottenham Hotspur.
The report also claims that former Chelsea prospect Ethan Ampadu could get some interest from the top-flight.
It is also suggested that selling star players would prevent the club from failing to meet profit and sustainability rules.
Football finance expert Kieran Maguire told the outlet: "They’re not in a brilliant position, but it’s not a crisis.
"From a cash point of view, they invested heavily in 2022-23 – the season they went down.
"A lot of their spending since coming to the Premier League was on structured deals, which is the norm. You don’t write out a check for £50m.
"But it does mean there is a lot on their existing credit card. They need to get down their balances before they can start spending again.
"Looking at profitability, they lost £36m in 2022 and £34m in 2023, so that’s £70m going into this season.
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"The wage bill will be down (in the next set of accounts) but TV money is also down significantly even with parachute payments.
"In terms of the sustainability of the club, the 49ers are pretty solid owners."
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Chelsea have been given permission from Leicester to speak to Enzo Maresca.
Liverpool and Chelsea are eyeing a summer move for Crysencio Summerville.
Premier League clubs are targeting Tosin Adarabioyo, who will be a free agent when his Fulham contract expires next month.
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