By Pranav Shahaney

7th Nov, 2022 | 4:40pm

Kieran Maguire shares £108m Leeds United update in accordance with UEFA measures

Kieran Maguire has revealed that the net debt for Leeds United is £108m, which is based on their finances from 2021.

As the football finance expert has taken into account clubs that have been in the Premier League in 2020/21, the Whites find themselves in a respectable 10th position.

Burnley have the lowest debt of all clubs while less surprisingly, Chelsea, who were owned by Roman Abramovich at the time, have the most football net debt.

Decent

Having too little debt is often a sign of owners not being ambitious enough while having too much of it means that clubs are contingent on many factors to repay it.

Chelsea and Manchester United are not ideal examples of how football clubs should be run and the Red Devils fans have been vocal about their owners for nearly two decades.

Spurs are that high because of the loan they took to make their new stadium so Leeds fans should be relatively happy with where they are.

That said, if they manage to avoid relegation for a third straight season and the takeover finally goes through, things could change for the better for the Whites.

New owners will bring in new investment and Andrea Radrizzani is clearly not going all out with his spending and it’s perhaps understood why.

However, if this leads to Leeds being relegated, he will have got it completely wrong as the valuation of the club will have considerably reduced.

In other Leeds United news, the Whites could now be looking at an award-winning Ligue 1 ace to bring to Elland Road in January.