Sources: Cooper spearheads Leeds board talks ahead of £45m+ announcement
Leeds United skipper Liam Cooper is spearheading talks with the club’s management about a possible salary cap and wage deferral during the coronavirus pandemic, Football Insider has learned.
United are one of many Championship clubs discussing taking radical action to ease the financial burden caused by the suspension of football.
A Leeds source has told Football Insider that long-serving Cooper, 28, is among those liaising on behalf of the dressing room with the board as well as the Professional Footballers’ Association.
Early talks have been held as United work on measures to cover the shortfall of cash with no matches being played.
Chairman Andrea Radrizzani told Sky Italy last night that the coronavirus is an economic “disaster” for Leeds.
He explained the Championship leaders are missing out on £2.5million from the suspension of the five Elland Road matches that were due to be played in the remainder of the season.
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No games will take place until at least April 30 and, as revealed by Football Insider yesterday, the season is unlikely to resume until the start of June.
It is a huge cash flow issue for Leeds, whose wage bill has soared since Radrizzani took over as owner in 2017.
However, there is likely to be an even higher loss than last year’s £4.3m deficit following the huge investment in Marcelo Bielsa and his coaching staff in the summer of 2018.
United’s last annual report showed their turnover rose to £40.8m during Radrizzani’s first full year at the club in 2017-18.
In other Leeds United news, it can be REVEALED that a £15million deal agreed is to be spread across four payments.