16 Jul 2026 19:29:28
Pleased with the Harry Wilson signing and on paper, Tarik looks to be a good addition.
We're being linked with a number of players and apart from Elvedi they mostly seem to be a minimum of £25m plus. That's great, if we have the money.
If we got rid of all the loanees it might buy us one player. If we sell one of the current squad, it still means we have to replace them with probably a more expensive newcomer.


We still need 1 or 2 keepers, 1 or 2 FB, maybe a CB if Bournauw goes, an AM and a striker.
I'm not sure how we finance those requirements out of our supposed budget of £85m if we've already spent £35m on Tarik.
I can only surmise that we're looking at the loan market to bulk out the squad, but hopefully improve it at the same time. Hopefully we'll be a bit more selective and avoid another Buananotte.

1.) 16 Jul 2026
16 Jul 2026 20:19:10
In theory, we spent 15-17 mill on Tarik as we sold Struick.

2.) 16 Jul 2026
16 Jul 2026 22:03:15
Yeah, I was looking at that earlier, and with Strujk going, and also money for Schmidt, and sell on money from Creswell, if that's still happening, Tarik hasn't cost that much. For me, I'm disappointed we didn't manage to keep Darlow, cos we now need to spend a chunk of budget on a keeper.

3.) 17 Jul 2026
16 Jul 2026 22:41:15
Doesn't Pascal's fee register in last season's accounts, hence the urgency to make the sale?

4.) 17 Jul 2026
17 Jul 2026 10:03:07
You're a smart cookie, Dun.

5.) 17 Jul 2026
17 Jul 2026 11:48:28
Yes, we needed to sell in last year's accounts to balance the books from a PSR perspective, but that won't impact how much we can spend this year. We have money available where needed, it's just we need to comply with the spending rules (SCR this season) . These are two different things.

6.) 17 Jul 2026
17 Jul 2026 13:58:45
You're right, Alf. The previous PSR regime was on a rolling 3 year basis and Pascal's sale was to meet that criteria. If PSR was continuing, we wouldn't be able to carry it over, but SCR is starting 26/27, so we only have to meet the 85% rule every season to be free of sanctions.

7.) 17 Jul 2026
17 Jul 2026 14:13:25
However, the money from Pascal's sale will not be included as income in this year's SCR calculations as it was in last year's accounts.

8.) 17 Jul 2026
17 Jul 2026 17:51:54
From an accounting point of view, yes, Dun, but the money still belongs to Leeds United, and they are free to use it as they choose. Rather like your March pay packet fell into last year's tax calculations, but you spent it in April.

9.) 17 Jul 2026
17 Jul 2026 18:42:34
The point is that we have to hit the 85% rule. The Club can spend as much as it wants, but if we use money from previous accounting periods to buy players and pay wages this season, then we have to compensate this season by increasing our revenue through commercial activities, reducing our wage bill, or increasing our revenue from the sale of players.


The income in this accounting period determines what we can spend.
This new system has been set up to stop some clubs selling off assets at inflated prices to linked companies, to improve their balance sheets and to prevent them from living beyond their means.