Leeds United land ‘surprise’ cash injection in big transfer twist – sources
Leeds United have received a fresh cash injection from Red Bull which will allow them to spend bigger in the transfer market.
Speaking on the latest edition of Football Insider’s Inside Track podcast, senior correspondent Pete O’Rourke explained that Red Bull’s “surprise” purchase of a minority stake in the club will be a huge boost with Leeds attempting to balance their books.
Sources say increased funds could be made available to Daniel Farke as a result of the deal, with major personnel changes expected to take place at Elland Road.
Football Insider reported on 5 May that the club now faces “massive” financial issues as a result of missing out on promotion.
Leeds United investment to assist Farke in squad rebuild
Leeds are at risk of breaching Financial Fair Play and Profit and Sustainability rules as a result of their recent spending, leading to suggestions of a possible points deduction.
The likes of Crysencio Summerville, Archie Gray and Wilfried Gnonto have been tipped to leave Elland Road as a result, leaving Farke with a squad rebuild on his hands.
Sources say the investment from Red Bull should provide more money to assist in that process.
Leeds confirmed on 30 May that Red Bull has purchased a minority ownership stake in the club which will provide additional capital investment.
They will also become the front-of-shirt sponsor at Elland Road in a multi-year deal, while they own five clubs worldwide, including RB Leipzig and RB Salzburg.
However, Football Insider was told that the club are facing a “boardroom conflict” between Red Bull and 49ers Enterprises with “too many voices” at the top.
In other news, Leeds chiefs are working hard to resolve their PSR situation.
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