November 22, 2024

Leeds United projected to be over Premier League squad cost limit after spending rules changeLeeds United are predicted to be on the wrong side of the new squad cost spending limit if promoted next season, according to an estimate from Kieran Maguire.

The football finance expert from the University of Liverpool posted figures on Twitter (11 April) projecting how clubs would fare under new spending rules set to come in for the Premier League from this summer.

The current profit and sustainability regulations, which have seen the likes of Everton and Nottingham Forest deducted points, are set to be replaced by a system similar to that employed by UEFA, with an expectation that 70% of a club’s revenue can now be spent on the squad.Leeds United projected to be over Premier League squad cost limit after spending rules change

Maguire wrote: “Let’s not pretend we care about the new Premier League spending rules, what is important is HOW MUCH CAN WE SPEND or do we need to save?

“Based on assumptions of Player wages = 80% of total & player profits = best of last 1,2 or 3 this is the estimate.Leeds United projected to be over Premier League squad cost limit after spending rules change

“What does it means in plain English? Five of the SuperLeague Six can spend a lot more money, along with Financial Teacher’s Pet Brighton.

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