Leeds United could face interest payments amid new Jean-Kevin Augustin update
Leeds United could be forced to pay an extra £305,000 in interest to RB Leipzig if found guilty in the case of Jean-Kevin Augustin’s transfer, according to BILD.
There has been an ongoing dispute for three years about whether RB Leipzig loaned Augustin to Elland Road for the second half of the 2019/20 season, or whether the Whites are due to pay them £18.8m.
Leeds were initially found guilty in June 2021 before appealing the decision, which was expected to come by the end of September.
However, according to a report [28 September] the Court of Arbitration for Sport has informed RB Leipzig that there has been a delay in the decision and it will now come at the end of October or maybe even November.
All three instalments of £6.3m are overdue, meaning that Leipzig would thus collect around £305,000 in default interest which Leeds would be forced to pay should they lose the appeal.
Get it done
It looks as though Leeds have done all they can to try and prevent paying out for Augustin, and we’ll have to wait a little bit longer to see if we’ve been successful.
The French striker was released quickly by RB Leipzig after he arrived back from West Yorkshire and has since played for Nantes, and is now at Basel in Switzerland.
That should count towards something, although it appears as though the ball in certainly not in our court for this one. Leipzig chiefs commented after the hearing and admitted that they are “very confident” regarding the outcome.
It’s been months since then so the hope is that Andreas Radrizzani will have a plan in mind should they be forced to pay up, but now they’ll have to pay more than originally planned because these interest payments.
It’s annoying, but we can’t wait for it to be all over so we can put it all behind us as quickly as possible.
In other Leeds news, contract talks ongoing with key man as mega-rich club eye transfer move