Leeds United could reduce Jean-Kevin Augustin payments as they stall - Finance Expert
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Leeds United...
Dan Plumley has insisted that Leeds United could look to reduce the payment to RB Leipzig for Jean-Kevin Augustin after the saga continued over the past week.
The Finance Expert admitted that the added interest will mean little to the Whites if they continue to stall and manage to bring down the overall cost.
It comes after the Court of Arbitration for Sports ruled in Leipzig’s favour over the £18million, but Leeds have yet to accept that and are planning another appeal.
“It’s always a time-buying process and of course, the interest rate is a factor in that,” he exclusively told MOT Leeds News.
“Again, if you feel like you’ve really got a case that you can push back on and maybe to get it to go your way and get the overall figure down as part of the negotiation, not saying that will happen, but these are the kind of stalling tactics.
“If they have to deal with that interest, that’s still a very small part compared to the bigger £18million, we’ve seen rumours that the first instalment is around €6.7million, so that will be the immediate payment Leeds has to cover.
“It’s all about stalling tactics to push back against it, but if you can get away with pushing it further down the track in the long run then it’s a worthwhile exercise.”
This could possibly go down as one of the worst transfers of all time.
Leeds currently owe the first instalment of £5.85million but there is no sign of that happening before another appeal is lodged as Andrea Radrizzani assesses his options [Independent].
It is getting to the point now where the club is really fighting a losing battle, and it may be time to accept the court ruling and move on – time will tell.