According to a report from the Athletic, Marcelo Bielsa and his staff are a substantial reason why the club’s annual wage bill has risen to around £40 million – with the club’s annual turnover sitting just above that figure at £45 million.
Bielsa, who has been a huge influence in guiding Leeds back to the summit of the Championship, narrowly missing out on a much-desired promotion to the Premier League last season, is currently sitting on the sidelines along with the rest of his squad as they await updates on the current EFL suspension. The temporary postponement of football action debatably couldn’t have come at a worse time for Leeds, with the Elland Road side having gathered momentum by winning five games on the bounce and climbing to first.
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However, keeping in mind the EFL’s halt, Leeds now have to consider their annual revenue incomes and losses – with Bielsa and his staff becoming a substantial portion of the club’s £40 million wage bill. On Tuesday, speaking to Sky Italia via the Daily Mail, owner Andrea Radrizzani explained how the lack of action has taken a toll on the club’s finances – going on to say that the club miss out on £2.5 million worth of profit just through not playing five home matches. Indeed, baring that in mind, this report from the Athletic indicates that Bielsa and co are likely to take a wage cut along with players and staff in a bid to prevent a large loss of income.
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