If you ever wondered why so many Championship clubs have nearly gone to the wall in the pursuit of the Premier League, you need only take a look at Leeds United’s latest accounts to understand. Second-tier triers have thrown every available, and sometimes unavailable, financial resource at promotion in an effort to reach the promised land because of the transformative wealth which awaits.
The Whites have quickly discovered, even in a Covid-hit first season back across 2020/21, just what the Premier League does for a football club. In short, the club is in the best financial health it has been in for as long as anyone can remember.
Assuming they can retain that top-flight status through this May and next, history suggests United will have the financial stability and security to establish themselves at the top table for many more years ahead. In 2020, Angus Kinnear and Andrea Radrizzani spoke about how the odds drastically lengthened on relegation for newly-promoted clubs once they went beyond a third consecutive year in the Premier League. That second year looks just about there, but re-evaluate that on Saturday night.
