Leeds United are in a strong enough position to be able to cope should they be relegated from the Premier League this season. That’s according to an Angus Kinnear-written report included in the club’s latest accounts, which were released on Sunday morning, prior to the club’s 5-1 drubbing against Crystal Palace at Elland Road.
The defeat leaves Leeds sitting 16th in the Premier League table and just two points above the relegation zone as they approach the final eight games of the campaign. As such, at the time of writing, their position in the top flight is at real risk and head coach Javi Gracia will be doing all he can over the coming weeks to avoid dropping into the bottom three.
However, the numbers posted last season appear to give the board confidence regarding the club’s long-term standing and future in the top flight. Leeds recorded a turnover of £189m during their second season back in the Premier League and that’s a rise of £18m from the previous year, with growths in merchandise sales, commercial revenue streams and ticket sales being credited.
