“I think it’s likely that their cost base without promotion…..” – Stefan Borson gives a meaningful financial insight on why it was NECESSARY for Leeds to sell Summerville and possibly some key players too this summer…

Leeds United’s Sale of Crysencio Summerville: A Financial Necessity?

Leeds United’s recent sale of Crysencio Summerville to West Ham for £25million plus add-ons has raised eyebrows, with many believing the Championship club has sold the 22-year-old for less than his valuation. Finance expert Stefan Borson has shed light on the possible reason behind the sale, suggesting that Leeds needed to offload Summerville to meet the financial regulations.

Borson believes that Leeds’ cost base, following their failure to secure promotion last season, has forced the club into making summer sales. The sale of Archie Gray to Tottenham for £30million was likely a necessity to ensure the club remained within their allowable losses limit. Summerville’s departure is seen as another measure to meet the financial requirements.

The financial expert notes that Leeds’ costs for last season are not yet known, but it is clear that the club needed to make significant sales to avoid breaching the Profit and Sustainability Rules (PSR). Borson suggests that the sale of Summerville, for a price lower than expected, is likely due to the club’s need to meet the PSR requirements.

Borson’s analysis highlights the challenges faced by Leeds United in managing their finances, particularly after missing out on promotion. The sale of key players like Summerville and Gray is a stark reminder of the financial realities of football.

In conclusion, the sale of Crysencio Summerville to West Ham may have been a financial necessity for Leeds United. With the club’s cost base and need to meet the PSR requirements, the sale of key players has become a reality. Borson’s insights provide a clearer understanding of the financial pressures faced by Leeds United and the measures they must take to ensure financial sustainability.