Kieran Maguire shares £17m Leeds United claim amid major development

Leeds United clinched promotion to the Premier League after securing 100 points in the Championship this season.

Daniel Farke was a man under pressure after failing to guide the Whites to promotion last season, but managed to deliver this time around.

Even though Leeds ended up selling key players in the summer, the German made the most of the tools at his disposal to guide them back to the promised land.

Joel Piroe Leeds United
Credit: Imago

Kieran Maguire explains how promotion saved Premier League money

Leeds’ promotion to the Premier League in the 2024/25 season carries notable financial implications for parachute payments.

Relegated in 2022/23, the Whites were entitled to three years of parachute payments (£48million, £39million, £17million).

Their promotion in 2024/25, after one year in the Championship, means the final payment of £17million for 2025/26 is retained by the Premier League and redistributed to its clubs.

SeasonPointsWinsDraws LossesGoal Difference
2023/24902791038
2024/251002913465
Daniel Farke’s Championship record at Leeds since his arrival

This saves the Premier League £17million for Leeds, according to finance expert Kieran Maguire.

For the Elland Road outfit, promotion secures substantial Premier League revenues, potentially worth up to £190million, dwarfing the foregone parachute payment.

This financial boost enhances Leeds’ stability and competitiveness in the top flight, making promotion far more lucrative than remaining in the Championship.

Leeds United must make shrewd signings to avoid relegation

Leeds‘ promotion to the Premier League brings a heavy financial windfall, one which they’re likely to benefit from.

However, this revenue must be leveraged wisely to avoid relegation, a fate that befell them in 2022/23 and has plagued newly-promoted sides like Leicester, Ipswich, and Southampton.

The Premier League’s competitive intensity, coupled with the financial disparity between established clubs and newcomers, demands shrewd signings to bolster the squad.

Farke, despite past criticism, proved his mettle in the Championship, but the top flight requires strategic investments in players who can adapt quickly.

Without careful recruitment, Leeds risk squandering their revenue and facing the financial catastrophe of relegation, which could undo their progress.