Leeds owners 'can't spend wildly' so 'need to be cute and clever'
- Published
BBC Radio Leeds' Adam Pope says club owners 49ers Enterprises will have to be "cute and clever" with summer recruitment following a BBC article with football finance expert Kieran Maguire that suggested a £100m transfer spend could be possible.
Speculation over the funds available to Leeds has intensified since a US-based consortium, including the investment arm of the San Francisco 49ers, completed a multi-million pound takeover of Scottish Premiership side Rangers.
Chairman Paraag Marathe will work as Rangers' new vice-chairman alongside his existing position at Elland Road.
"The interesting thing for me is I read an article over the weekend pertinent to Leeds by Kieran Maguire, who is really good," Pope told the Don't Go To Bed Just Yet podcast.
"He has looked at what everybody can spend in the Premier League and he mentioned Leeds might be looking at £100m to spend at the top end.
"This doesn't really go that far because they had two years in the Championship so this year of the three-year cycle they can afford to lose £61m.
"You can't spend wildly so people who are talking about what the owners are putting into Rangers and what they're not putting into Leeds - there are limits. £100m doesn't sound a right lot so they have to be cute, they have to be clever."
The podcast team were also keen to reflect on a day of celebration in the city before turning total attention to next season, after fans and players attended a huge Kaiser Chiefs gig on Saturday.
"The fact it was a whole day of celebrations rather than just jamming it into two hours was so good," Pope added. "The whole day felt like one big celebration.
"It has been a great year and this was the culmination of two great weeks following Leeds going up and the Bristol City game and then the Plymouth game to win the league with all the drama.
"It just felt like that period of celebration was all extended until this."