Leeds United fans on Twitter have been unalarmed after the club’s financial accounts showed a £4.3million annual loss. The £4.3million loss comes twelve months after Leeds made a profit of almost £1million the previous year.
The most recent accounts published show that Leeds were working at an operating loss of £20million before the sales of players such as Chris Wood offset some of that.
The update was posted by Leeds journalist Phil Hay on Twitter. It hasn’t startled the Leeds fanbase though as their eyes are firmly set on promotion and the fortunes that come with it.
Despite the fanbase living through money worries at Leeds they don’t see the hefty deficit as too much of an issue as they are confident that Premier League football will be coming to Elland Road next season
With the Premier League being within touching distance for the Yorkshire club, some fans haven’t considered the consequences of these financial reports and have instead brushed them off as Leeds head towards the top flight where clubs’ incomes increase substantially.
Here’s what Leeds fans had to say on Twitter…
In just over a month that will turn into a pretty huge profit however ??
— Adam (@AdamStreet_) April 4, 2019
Money well spent when we go up
— Gaz Waller (@GazWaller52) April 4, 2019
soon clear that when we are in the promised land
— Smiler1 (@Smiler136741404) April 4, 2019
It’ll be worth it if we go up
— charlie (@ChellisMusic) April 4, 2019
I thought it was a decent number! Expected to have made more of a loss. Stay in the top 2 and that number will quickly change!
— FlyingFrome (@FlyingFrome) April 4, 2019
4.3m isn’t much compared to most and if we go up its pocket change
— luke rhodes (@lukerhodes2912) April 4, 2019