Phil Hay: Leeds United relegation to have huge ramifications on takeover
All bets will be off regarding the current Leeds United takeover, should they face relegation this season, claims Phil Hay.
Hay’s colleague at The Athletic, David Ornstein, broke the news on Monday (December 6) that the San Francisco 49ers had a deal in place o complete a full Leeds United takeover for a fee that could be £475million.
The Leeds reporter discussed the ramifications of this in terms of the January transfer window as well as what would happen in case of relegation in his recent piece for The Athletic.
In the comments section, he addressed the doubts of one fan. He wrote, “This takeover isn’t going to happen as quickly as next month (unless something changes drastically) so any signings done in January would have to be done/funded within the existing 56-44 share split.
“As for the Championship, that would change the club’s valuation, without a doubt. Leeds wouldn’t be worth £475million at that level.
“But all bets are off if a club gets relegated from the EPL. The ramifications can be huge.”
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Relegation sets the project back of any football club by at least two years and the financial repercussions that it comes with may last longer.
Players also jump ship as their club may no longer afford them or due to the fact that they do not want to play in the second tier.
Leeds risk ever being able to go to that next level if they fail to secure safety for next season’s Premier League season.
Thus, it is important to do whatever they can to stay up and this means strengthening in the January window.
A central midfielder has been wanted for the past two summers, but nothing has materialised and Leeds are still facing issues in that position.
With Kalvin Phillips now out for a couple of months, per The Telegraph, it’s become almost imperative to get someone in during the window.
In other Leeds United news, the club want to sign a ‘Phenomenal’ centre mid & his side are desperate to sell him