Simon Jordan has claimed that Marcelo Bielsa will need £100m to spend on new transfers if Leeds United want to challenge for the top six of the Premier League.
However, he said that Leeds have a “real opportunity” because of the size and potential of the club.
Leeds announced extra investment from the San Francisco 49ers on Monday, in a deal said to be worth over £50m.
Leeds owner Andrea Radrizzani said the long-term aim was to get Leeds into the top-six of the Premier League.
Talking on the White & Jordan Show (talkSPORT, Tuesday, 12.15pm), Jim White asked, “What are the chances of Leeds getting into the top-six, the top-four and staying there?”
“I think the framework of the club means that it has a real opportunity,” Jordan said.
“It’s a tall order to achieve and they’ll need big pockets. You won’t do it without the best players. You can have the best coach in the world but all he can do is make players better.
“He [Bielsa] is going to need £100m+ in player transfers for a season. You’ll see then if the 49ers are going to be advantageous to Leeds or just another investor.”
In Radrizzani we trust
Leeds United aren’t scared of spending but they’re doing it the right way.
They spent over £100m on new transfers in the summer and, for the most part, spent very prudently.
Raphinha, in particular, looks a real snip at £17m, although Rodrigo still has fans to win over at a cost of £27m.
That investment in the team looks like being enough to see Leeds stay in the Premier League and we’re expecting more big players to come in next summer.
The 49ers money will help here but Leeds also want to expand Elland Road and that will cost.
With the COVID pandemic costing all clubs, money might be tighter than normal, but there’s not a huge amount of room for additional 49ers investment while still seeing Radrizzani hold onto the majority of shares.
The key for Leeds is getting fans back into Elland Road as soon as possible and unlocking the considerable matchday revenue.
As Jordan said, we will need the best players and the sum of £100m doesn’t seem that out of the ballpark of what we’d need to spend to get up the Premier League and stay there.
In other Leeds United news, Bielsa must axe £32k/wk Leeds flop & unleash 20y/o from start v Newcastle.