Leeds United transfer news as Phil Hay shares Georginio Rutter loan was considered
Leeds United initially considered a loan deal for Georginio Rutter before the 49ers stepped in and backed a full January transfer, according to The Athletic’s Phil Hay.
The Whites completed a permanent transfer for Rutter on 14 January in what was a club-record transfer fee from TSG 1899 Hoffenheim.
Hay confessed that value of Rutter as a long-term asset outweighed the concerns about the price and structure of the deal for the 49ers.
“In this respect, the numbers are a constantly moveable feast. At one stage, Leeds considered taking Rutter on an initial loan and putting in place an obligation to take him permanently in the summer but the willingness of 49ers Enterprises to back a full transfer in this January window and accept future liabilities was a sign of its commitment to taking charge at Elland Road,” as quoted by The Athletic (17 January).
“The value of Rutter as a long-term asset outweighed any concerns about the price or the structure of the deal.”
This is a sign of commitment from the 49ers to Leeds United in the long term and shows they evidently care about the signings the club are making.
And this bodes well for future transfer windows in which, hopefully, the 49ers will opt to splash the cash needed for Leeds United to compete with the Premier League big boys.
Rutter looks like a fantastic talent and it’s nice to see the club swayed away from an initial loan deal to secure his signature on a permanent basis.
49ers Enterprises has already paid a sizeable chunk of the money in raising its Leeds United stake to 40 per cent but it’s not yet clear who will have the ultimate influence at the club once a deal fully goes through.
None of this is taking into account the chances of relegation to the Championship either, something that is a real possibility and an event that could scupper any full takeover dreams.
In other Leeds United news, the Whites are now seeking their third signing of the month with a European contract rebel in their sights.