AliousLeeds United significantly reduced their wage expenses by nearly £62 million in the 2023-24 season following their relegation to the Championship, according to sources cited by *Football Insider*.
The club’s recently released financial accounts for the season reveal a sharp decline in total revenue, dropping from £189.7 million in 2022-23 to £127.6 million. This decrease was primarily due to a significant reduction in broadcast income, which fell by £57.9 million—from £111.5 million to £53.6 million—following their exit from the Premier League.
While matchday revenue at Elland Road saw a slight increase from £29.9 million to £30.6 million, commercial earnings declined from £48.2 million to £43.3 million over the same period. Leeds’ overall financial losses widened from £33.7 million to £60.8 million in 2023-24 as they continued to navigate financial fair play (FFP) regulations.
Despite these financial challenges, the club invested £38.2 million in player acquisitions. Joel Piroe, Ethan Ampadu, Ilia Gruev, Glen Kamara, Karl Darlow, and Sam Byram arrived on permanent deals, while Djed Spence, Jaidon Anthony, Connor Roberts, and Joe Rodon joined on loan. However, Leeds successfully reduced their wage bill from £145.9 million to £84 million, achieving a £61.9 million saving in salary expenses.
On the pitch, Leeds narrowly missed an immediate return to the Premier League last season, falling short in the play-off final against Southampton at Wembley. This season, under manager Daniel Farke, they remain strong contenders for promotion, currently sitting second in the Championship. However, with just seven matches remaining, they are level on points with third-placed Burnley.
The team recently dropped points in a frustrating 2-2 draw against Swansea City, with goalkeeper Illan Meslier facing criticism after costly errors. Despite taking the lead twice through Brenden Aaronson and Wilfried Gnonto, Leeds conceded an injury-time equalizer from Zan Vipotnik after an earlier strike from Harry Darling.
Meanwhile, Leeds United has announced a significant increase in ticket prices for the upcoming season, despite the uncertainty surrounding their promotion prospects. Should they remain in the Championship, adult ticket prices will rise from £18.87 to £21.52 per match across 23 fixtures. If they secure promotion, Premier League prices will climb to £26.05 per match for 19 games, with the cheapest season ticket increasing from £434 to £495 for the 2025-26 campaign.
This price hike reflects a broader trend in English football, where ticket costs continue to rise as clubs seek to maximize matchday revenue and counteract inflation. According to *Football Insider*, Premier League ticket prices are expected to escalate in the coming years despite ongoing fan opposition.
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