Paraag Marathe says how Leeds United’s £190m deficit could affect Archie Gray transfer

Leeds United have £190m in outstanding transfer fees to pay over the next few years and player sales will help finance it, but Paraag Marathe refused to be drawn into the details of who will leave.

Leeds’ failure to win promotion this year means they will be looking at another year in the Championship, where they will need to implement cost-cutting measures to ensure they stay within PSR regulations.

Sales of key players are inevitable and Leeds fans fear Archie Gray will be one of them.

Paraag Marathe addresses the sale of key players including Archie Gray

Paraag Marathe has now addressed the issues facing Leeds heading into another tough summer where interest in their best players will be very hard to turn down.

Speaking about whether certain players will be on their way out at Elland Road, the Leeds chairman had this to say, refusing to rule out Gray’s exit (via YEP):

It’s a little too early to answer specific questions, it’s still 36 hours or whatever from the finals, so I can’t talk about specific players right now.

“But if I can give you the big picture, there are certain things we need to do and we’re going to make sure we’re fully P&S compliant, as we always have been. And there are certain trade-offs that we have to make and so we’re going to have to get to the drawing board and figure out what moves we have to make sure that we comply. It’s too early to tell.

“Obviously Archie is a great player, as are all the players who have put in so much effort for us, but you know, every season brings changes and I can’t comment on that yet, but we’ll see what happens. “

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Marathe explains how Leeds are climbing out of their £190m hole

Accounts published this year revealed a potentially alarming column for Leeds in the form of transfer fees owed to other clubs of around £190m.

It’s a sum that doesn’t have to be repaid in full this summer, as much as there has been scaremongering about the matter, but a significant portion of it will have to be scrapped.

Marathe addressed this as he continued:

“Well, let me lead with this, we’re well capitalized from an investment standpoint, we have the funds we need to do what we need to do.

“The reality of being in the Championship is that P&S plays a role. Obviously, I also inherited a challenging situation, which you all have seen, so naturally there have to be some compromises. But we also have a very good team and it’s not only outgoing, but also internal. So we are looking at scouting possibilities for us and players we can bring in, but we will have to make some compromises because of P&S. But we have the investment commitment that we have to do what we have to do.

“The transfer payments we have to make have already been taken into account as they went through the deal last summer and that has been reflected in the purchase in a way. We inherited a credit card bill that we knew we had to take care of, and we made sure we had the investment we needed and the capital commitment to make sure we were covered with that and able to manage it properly. suitable.

“What’s not in those reported numbers are some of the payments coming in — for example, our sales of Tyler Adams and Luis Sinisterra, there are some transfer payments that come from that. The net is already a little lower, but we have what it takes to be competitive and we will build the team accordingly. We have what it takes to compete with the best.”

Leeds should look at some sales to cover this problem

Gray would solve a lot of problems on his own by leaving the club for a huge fee, but the 49ers need to be smart about who they let go.

Having a generational talent like Gray is something we need to protect and there are more than enough players we can sell to keep him from going.

Crysencio Summerville, Willy Gnonto, Illan Meslier and Junior Firpo make the most sense – adding to that the loan players we can sell now.