Michael Brown heaped praise on the ambition of Andrea Radrizzan as Leeds United recorded a hefty loss in their newly-published accounts.
The former Whites midfielder, speaking exclusively to Football Insider, insisted the investment from the owner will pay financial dividends if United gain promotion to the Premier League this season.
The Yorkshire giants announced a pre-tax loss of £21.4m for the year ending June 2019 despite turnover climbing to £48.9m.
The documents show the initial cost of promotion to be £25million with United having to fork out for transfer fees and bonuses payable to players.
However, the TV rights windfall United would receive were they to achieve promotion, would likely transform the finances of the club.
Brown applauded Radrizzani for his continued investment in the club since his takeover three years ago.
“The finances have been a worry for some time for the football club,” he told Football Insider.
“The owner is putting a lot of money in and he knows it is going the wrong way. He has done a great job and has given whatever possible and understandably that is why they have lost a bit of money.
“They are in such a good position now and it looks like Leeds will get promoted this year. Therefore, he has done the correct job.
“Yes, he has lost some money but I think you will soon see a difference if Leeds United are promoted to the Premier League.”
Marcelo Bielsa’s side are currently top of the Championship with nine games remaining and primed for a first return to the Premier League since 2004.
However, with the Premier League and EFL currently suspended the league leaders will have to wait to determine their fate.
In other Leeds United news, Alex Bruce has told Football Insider he cannot believe club is about to break their transfer record.