Leeds United have a lucrative long-term plan that will improve their PSR position by £39.4m per season.
Even despite their failure to win promotion to the Premier League in 2023-24, Leeds are in a strong position financially.
Red Bull’s acquisition of a minority stake in the West Yorkshire club is perhaps the ultimate endorsement of both their global appeal and their economic position.
Concerns around their Profit and Sustainability position this summer were exaggerated and the club continues to be one of the top club’s in Europe in terms of commercial revenue.
And following the latest official update from Leeds, the club is now in position to eventually smash the club revenue record of £189.7m they set in 2022-23.
Leeds stadium expansion to generate PSR headroom
Leeds issued an official statement earlier this week revealing that they had returned Elland Road to club ownership.
Until recently, Leeds’ home ground was still owned by former owner Andrea Radrizzani‘s Aser Ventures investment vehicle.
Leeds co-owners, the investment arm of the San Francisco 49ers and new minority shareholders Red Bull, are believed to have paid north of £26m to reacquire the 37,890-seater stadium
Significantly, this will allow the club to press on with plans to expand Elland Road to beyond 50,000.
There is no indication of how immediate any upgrades to the stadium would be or how much they would cost, but infrastructure costs are exempt from PSR so would generate headroom for the club in time.