Leeds rumours 16630


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26 Feb 2019 19:25:47
How much has Rads put in to buy and run the club for last 2 seasons?

We know we have turned over in excess of £50m per season, that equals £100m. He has had up to £35m in in transfers, Wood, Viera, Saiz ( and Taylor? ). He has had £12m from the 49'rs. Add to this the £25m debt he has used as well. that's in the region of £170m, Without adding in any of Rads funds mentioned as part of his original investment. Reportedly these funds included money to buy the club £40m, the ground £20m and £20m transfer kitty, a total of £80m. This all adds up to over £250m. Bought the club for £40m and the ground £20m that's £60m .

That leaves over £190m. There has not been massive investment in the playing squad ( Our biggest outlay has been a £200k fine from the EFL, ! ) . The average wage of £20k a week is £1m year for a squad of 22, that's about £22m plus management and U23's allow £8m to £10m. So say £65m over 2 seasons. Based on the above there is no reason why we should have any money worries, unless some of the above is incorrect, there appears to be about £100m shortfall in my figures?

Agree0 Disagree0

26 Feb 2019 23:03:11

Guess you are NOT an accountant.

Where on earth did you get those figures from?

Sorry, I now realise you are a creative accountant!

Met a few of those in my life, thank goodness.


27 Feb 2019 13:21:48
I think I'll wait for the club accounts :) also you forgot the purchase of ER, policing costs, the no-playing staff wages, business rates for ER and Thorp Arch, the upkeep of the aforementioned, owners and directors salaries, I'll stop now, Alzheimers kicking in ;)

28 Feb 2019 15:06:55
Massive investment in u23s
Issuing of longer contracts
Recruitment of more backroom staff. We now have a Dr pitchside thankfully
It’s not just the stuff in the papers

The whole club is on a better footing than it was under certain previous chairmen.



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