The Yorkshire Post has announced Leeds United are set to report a loss which would land the club with a transfer ban.
The Yorkshire Post has reported that Leeds United are expected to announce a loss of £23 million, which is likely to incur a transfer ban for the club in accordance with financial regulations.
The reported figure exceeds the £8 million loss allowance for football league clubs by FFP rules and means first team boss Neil Redfearn could be struggling to improve his side this winter.
Here are three key questions generated by the news as well as some initial reaction on Twitter from Leeds fans.
What are Redfearn’s options?
He’s restricted in terms of signing players but he can improve his first team squad options via the Leeds academy. The boss has a good grasp over the options he can use from the youth ranks from his time as head of the academy at the club.
Are the youngsters good enough?
Certainly. The likes of Lewis Cook, Alex Mowatt and Liam Cooper are all good examples of younger players who have progressed into the first team, becoming important options for the senior side. Redfearn has always maintained that if his players are good enough, they’re old enough.
How long would the ban be?
The YP suggests that the ban would cover the transfer window next month, which would prevent Redfearn from signing new players from other clubs. The obvious consequence is that it could several affect Leeds’ chances of consolidating in and around the play-offs as the side goes looking for promotion into the Premier League.
Here are the initial thoughts of some Leeds fans.
if we end up with a transfer ban in january i think every judge in the world will see that the FL has it in for us. #lufc— Gareth Ferguson (@GarethFMusic) December 8, 2014
Cellino said months ago he feared we would have a transfer ban, so it's hardly shocking news #lufc— Luke Rhodes (@1LukeRhodes) December 7, 2014