"Leeds' campaign has been a successful one, given the previous trials and tribulations of newly-promoted teams, securing survival with games to spare and reaching the FA Cup semi-final. However, their success has come at a cost, as the club's survival means a series of payments will need to be made, to players, staff and other clubs. Premier League survival bonuses are commonplace for sides likely to be competing near the bottom of the table and Leeds are no different."
"According to the club's most recent set of financial accounts, an approximate 39.4 million is owed to players and management by way of bonus payments related to Premier League survival. Additionally, Leeds have triggered approximately 22.7m in payments due to other clubs. When negotiating previous summers' incoming transfers, Leeds included clauses which meant the selling club would be owed additional fees, should the team avoid relegation, another common practice."
"Around 13m of that relates to signings made last summer, meaning the likes of Udinese, TSG Hoffenheim, VfL Wolfsburg, Lille, Newcastle United, Lyon, Leicester City and AC Milan could be in line to receive additional payments, depending on which deals included survival clauses. Premier League membership is worth upwards of 120 million per season to clubs. Each team receives an estimated 90m equal share payment, as well as potentially tens of millions in facility"
Leeds secured Premier League survival under Daniel Farke and will face Tottenham Hotspur in North London with their hosts close to the relegation zone. The club’s successful campaign included avoiding relegation with games to spare and reaching the FA Cup semi-final. Survival has financial consequences because bonus payments must be made to players, management, and other clubs. Leeds’ latest financial accounts estimate about £39.4 million owed to players and management through Premier League survival bonuses. The club has also triggered about £22.7 million in payments due to other clubs via transfer clauses. Some of these payments relate to signings from last summer, potentially involving multiple European and English clubs depending on deal terms. Premier League membership is valued at over £120 million per season, including an estimated £90 million equal share payment plus additional revenue streams.
Read at www.fourfourtwo.com
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