Leeds United to meet other Premier League clubs in new summit as updates emerge on PSR change
The 49ers Enterprises were brave enough to back Daniel Farke in this summer’s transfer window at Leeds United, despite some wanting more.
The 49ers spent nearly £100million on proven players with enough quality to help Leeds thrive in the Premier League, and early evidence suggests the money has been spent well.
Three summer signings — Dominic Calvert-Lewin, Anton Stach and Noah Okafor — all scored their first goals in Leeds’ 3-1 victory over Wolves on Saturday.
Leeds’ defence looks very reliable this season as well, thanks in part to signings such as Lucas Perri and Gabriel Gudmundsson, with Jaka Bijol to come in too.
The 49ers may have given Farke more to spend if it wasn’t for the Premier League’s controversial Profit and Sustainability Rules (PSR), although they must be happy with the recruitment nonetheless.
Premier League clubs to meet to discuss Profit and Sustainability Rules
Leeds officials will meet with other Premier League clubs on Tuesday to discuss several matters in London, including PSR, according to The Sun.
League chiefs want approval to replace PSR with a new framework based on Squad Cost Ratios.
This would allow teams not in UEFA competitions to spend 85 per cent of revenue on ‘football costs’, such as player wages and transfer fees, while those competing in Europe is currently unknown.
At least 14 out of the 20 clubs would need to agree for this change to be implemented. It could be hard to pass this vote, though, as nine Premier League teams are playing in Europe this season and at least seven expect to qualify for UEFA competitions every year.
Any changes implemented as a result of this voting process would be implemented next season at the earliest.
PSR is holding Leeds back from competing with Premier League giants
A huge criticism of PSR in its current form is that it prevents other clubs from quickly challenging the so-called ‘elite’ teams in English football.
There are limits preventing the 49ers Enterprises from pumping more money into Leeds to help them compete better in the Premier League.
These rules:
- Punish clubs with ambitions for rapid growth
- Create an uneven playing field in the Premier League
- Make it harder for promoted teams to remain in the top division.
There are arguments for and against the current system, but it seems unlikely that any rules that help smaller clubs will be voted for.
As such, Leeds chiefs have no choice but to be patient with the development of the first team.
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