LeedsW5

No, it needs work. And no, the underlying numbers suggest Leeds and Leicester are comfortably the two best teams in the league.

Spending is divided over the years of contracts as amortisation, sales are realised immediately as profit.

Most of them have options to buy pre-negotiated with the loaning clubs. Some may come back but they're mostly young enough to improve, and they spent last year playing under a series of morons. Going up this year will mean a decent bit of FFP headroom for a squad rebuild.

Had three blatant penalties not given across the two games prior to this. When people say ‘it evens itself out’, this is what it means.

The loan clauses Leeds had in contracts allowed the players to leave provided the loaning club covered 100% of their wages, so only their amortisation cost is on the books for this year, reducing net expenditure. The players that left permanently all generated a book profit; and those that return can either play again next year or be sold from a position of strength as a PL team if Leeds go up. As a result, Leeds don’t have the albatross round their neck of players on PL wages they can’t shift or significant historic losses they need to balance out with profits to comply with FFP. Added to which they have players with significant profit-potential in Summerville and Gnonto (signed for a combined 5m) should they need to generate headroom in the event of staying down.

Leeds players departing this summer: Robin Koch - Frankfurt Diego Llorente - Roma Max Wober - Monchengladbach Rasmus Kristensen - Roma Tyler Adams - Bournemouth Marc Roca - Real Betis Luis Sinisterra - Bournemouth Jack Harrison - Everton Brenden Aaronson - Union Berlin Rodrigo - Qatar Joel Robles - Saudi Adam Forshaw - Norwich Tyler Roberts - Birmingham Helder Costa - free agent plus 60% wage reduction clauses in all the contracts of the retained squad.