Football finance guru Kieran Maguire has said that the current state of the world football market could create the perfect storm for Leeds United this summer.
The Price of Football man was on the Talking Shutt podcast this week and said that with French and Spanish football markets in crisis, anyone with money is in a “really, really good position.”
The exciting news for Leeds fans is that Maguire said about Leeds: “There is money to spend.”
“[This summer] will be quiet by Premier League standards,” Maguire said, “but I still think the Premier League will be the most active in Europe.
“It still has that TV deal and it still has owners who don’t really care about the bottom line.
“There are bargains to be had. If you’ve got some money there’s never been a better time to be in the market.
“French football has collapsed, it’s in crisis. You can buy players at liquidation prices. £20m players will be picked up for £9m, you can get three for the price of two.
“The Spain market is terrible, no one has money to buy so they have to sell to buy.
“Leeds… are in a really good position.”
Summer of love
This is great news for Leeds and we’ve proved we already know how to pick up a bargain from France.
The £17m we paid for Raphinha has been called the most astute signing of last summer by Athletic journalist Phil Hay and you’d find few that would argue with him.
If the market is going to look even more depressed in the summer then Leeds could be one of the few clubs to really benefit.
Leeds have Premier League money after just coming up from the Championship and don’t have the wage baggage of a lot of top-flight clubs.
In Andrea Radrizzani, they have an owner who has acknowledged he’s not rich enough to do this on his own and has taken on extra investment from the San Fran 49ers.
It could be the perfect time to be promoted and Leeds have already pretty much guaranteed their top-flight status.
It makes the prospect of strengthening this summer even more exciting.
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