00:00The introduction on new squad cost ratio regulation has increased the importance of Leeds United's planned Ellen Road redevelopment and
00:12extension, according to BBC Radio Leeds reporter Johnny Buchan.
00:18From next season, clubs will be required to limit overall squad costs to 85% of their revenue, while teams
00:28competing in European competitions must comply with UEFA's stricter 70% threshold squad costs include player and manager wages, transfer
00:40fees and agent fees as well.
00:43While speaking on the Don't Go To Bed Just Yet podcast, Buchan said Leeds have previously been proactive in maximising
00:54their spending under profit and sustainability rules and are expected to adopt a similar approach under this new system.
01:02He suggested that the stadium redevelopment has become even more important for Leeds United because increased capacity and matchday revenue
01:11would boost the club's ability to spend more money within the CSER framework.
01:18Buchan explained that maintaining income levels throughout construction will be crucial to Leeds' long-term financial planning and staying in
01:28the Premier League.
Comments