Kevin Phillips admitted Jean-Kevin Augustin is looking like a very expensive option for Leeds United given the current financial climate.
The former Sunderland and West Brom striker, speaking exclusively to Football Insider correspondent Dylan Childs, suggested Leeds owner Andrea Radrizzani will be concerned about the prospect of forking out for the 22-year-old having barely seen him play.
Football Insider revealed in March that the club have an obligation to buy the French striker if they are promoted to the Premier League this season.
However, Augustin, who is currently on a sixth-month loan deal from RB Leipzig, has the final say on the transfer.
According to Bild, the Whites have agreed to a club-record £17.7million for the striker upon promotion.
When asked by Football Insider if the fee was now a concern given the current financial climate, Phillips said: “It is looking like a very expensive deal given the financial situation we are in.
“If you are obligated to have to purchase him having not seen anything to warrant that price tag since he joined, if I am the owner, I would be concerned.
“The manager brought the player to the club so he knows the qualities but they will have to work hard to get him to justify his transfer fee.
“That may be a huge blow for Leeds.
“Football can be a ruthless world. Business is business. You would like to think some clubs would adjust their prices but I think it is highly unlikely they will do that for Augustin.”
It is almost certain that football will be played, if at all, behind-closed-doors until a vaccine can be found for COVID-19.
Football Insider revealed gate receipts at Elland Road to be worth £12.6million for the year ending 30 June 2019.
In other Leeds United news, it can be REVEALED that club are keen on Tottenham ace who is available this summer.