Only three teams in world football spent more on transfers in 2020 than Leeds United, says Kieran Maguire.
Speaking exclusively to Football Insider, the finance expert explained how some creative accounting from Barcelona and Juventus has pushed the Yorkshire side down to 6th in FIFA’s annual Global Transfer Market Report.
The actual figures, however, present a different picture according to the man who has analysed the numbers in detail.
Leeds spent big on transfers ahead of their first Premier League campaign in 16 years — Rodrigo, Diego Llorente, Raphinha, Helder Costa, Robin Kock, Illan Meslier and Joe Geldhardt all arrived for a combined total of £96.1million.
And that, according to Maguire, actually makes them the world’s fourth-highest transfer spenders in 2020.
He told Football Insider: “Amazing stuff because Leeds are probably 4th in reality.
“Because the Barcelona and Juventus figures include the Pjanic-Arthur swap-plus-cash deal. They were both at ridiculously high prices which allowed both Barca and Juve to announce profits.
“So if it had been one for £20m and one for £30m, they wouldn’t have made a profit on the deal. But because one’s for £80m+ and one’s for £70m+, it looks like they’ve both made a lot in terms of revenue, which in turn pushes them ahead of Leeds in the figures.”
Leeds signings have proved good value for money so far, propelling the Whites to 12th in the Premier League table.
More spending could be imminent too, with Marcelo Bielsa’s side interested in the likes of Erick Pulgar, according to TalkSport.