Revealed: Leeds have agreed £2.5m+ deal in fee & wages
Leeds United have agreed to pay the entirety of Jean-Kevin Augustin’s wages as well as a £1.7million loan fee to sign him from RB Lepzig, Football Insider understands.
United completed the capture of the striker, 22, after reaching an agreement for him on Monday to join from the Bundesliga leaders on a loan-to-buy deal.
A Leeds source has told Football Insider that the club will pay the loan fee for Augustin as well as his £35,000-a-week Leipzig salary for the remainder of the campaign.
The total cost of the deal in fee and wages is around £2.5m, a significant outlay for United.
They have not spent cash for a single transfer fee on a player in each of the last two windows, with most of their investment in new talent going on loan fees and high salaries.
Nevertheless, Leeds have committed to paying £20m in total for Augustin should they succeed in their promotion bid.
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The agreement with Leipzig is an obligation for the Championship leaders to pay a further £18m on top of the loan fee if they go up to the Premier League.
Augustin was given the green light to move to Elland Road after his season-long loan to Monaco was cancelled at the midway point.
He was previously a first choice at Leipzig, where his record of 20 goals from 67 appearances is a creditable one.
Augustin became Leeds’ third signing of the January transfer window following the arrivals of goalkeeper Elia Caprile and attacking midfielder Ian Poveda.
The former France Under-21 international will wear the number 29 shirt during his time at Elland Road.
In other Leeds United news, the club accepted a late-window bid for a senior player after Marcelo Bielsa decided to freeze him out.