Danny Mills believes Leeds United have £100million of TV cash in the bank despite the virus impact and recent big money deals for Rodrigo and Robin Koch.
Speaking exclusively to Football Insider correspondent Dylan Childs, the former England international heaped praise on the club saying their dealings in the transfer window so far have been “sensible”.
As well as a number of academy signings, Leeds have added Rodrigo from Valencia for an initial £27m and Koch from SC Freiburg for £12m with both signing four-year deals with the club.
✍️ #LUFC are delighted to announce the signing of Rodrigo from Valencia for a club record transfer fee
— Leeds United (@LUFC) August 29, 2020
Rodrigo became Leeds’ record signing with the £20m paid to West Ham for Rio Ferdinand in 2000 the previous record.
Asked by Football Insider what he made of Leeds opening the purse strings, Mills said: “They’ve had a massive influx of cash, what is it £150m [for winning promotion]?
“Lets say they’ve spent £50m of that they’ve still got £100m left in reserve from TV revenue alone.
“OK, there will be no fans for a while, there’ll be other issues but Leeds will still sell and awful lot of football shirts this year and they will still sell an awful lot in sponsorship where there will be bigger deals to be had.
“Leeds will still be making very, very good money from the situation.
“The players are all on Championship contracts, they’re not on Premier League contracts yet. That hasn’t started to kick in.
“Leeds are in a very, very healthy financial position. I am very, very pleased they’ve spent some money and strengthened.
“It looks like they’re doing it sensibly. They’re not going to spend £150m on eight or nine players, they’re going to spend £50m on two or three quality players to add to what they’ve already got.”
In other Leeds United news, Noel Whelan has been left in awe after a “gem” of a midfielder has agreed a new deal with the club.