EXCLUSIVE: Leeds face an exodus of stars if they drop due to damaging relegation release clauses, with key players like Kalvin Phillips, Raphinha and Patrick Bamford available at low prices of around £30m
- Leeds could see several top players leave if they are relegated to the second tier
- Stars like Kalvin Phillips, Raphinha, Patrick Bamford could cost around £30m
- Owner Andrea Radrizzani has given relegation release clauses to most of the players
Leeds face a potential exodus of top players if they are relegated from the Premier League with a host of top-tier rivals set to trigger release clauses if Jesse Marsch’s side are relegated to the Championship.
sports mail It has been learned that most of Leeds’ stars, including Kalvin Phillips, Raphinha and Patrick Bamford, will be available for modest fees averaging around £30m if relegated.
Club owner Andrea Radrizzani has given release clauses to most of the players, unlike other relegation-threatened clubs like Everton.
Leeds face a possible exodus of star players if they are relegated to the Championship
Patrick Bamford (left) and Raphinha (right) could walk away for modest fees averaging around £30m
Leeds players will also face mandatory pay cuts if they stay at Elland Road in the event of relegation.
It is understood that most players’ contracts stipulate pay cuts of between 20 and 50 per cent in the Championship, which will put the club in a sustainable position given that their salary has nearly tripled to £108m. since they were promoted two years ago.
Leeds are relaxed about the situation and confident of keeping much of the squad intact, as Phillips and Raphinha in particular are expected to attract offers from a number of clubs, which would see their price tag well above their release clauses.
Another concern is the possibility of being forced to pay RB Leipzig £18m this summer for Jean-Kevin Augustin if his appeal to the Court of Arbitration for Sport goes against him, despite the French striker leaving the club two years ago. years.
Leeds agreed to the obligation to buy Augustin if they were promoted after he joined the club on loan when they were in the Championship, but refused to pay Leipzig because the France under-21 international’s short-term contract expired before the end of the season. pandemic spread by Covid. 2019/20 campaign.
Despite such problems, Leeds appear to be in a better position to withstand the shock of relegation than Burnley or Everton – their only real salable asset is Dominic Calvert-Lewin (centre)
FIFA ruled in favor of the German club, prompting Leeds to appeal to CAS, which recently heard the case and a verdict is expected imminently.
Relegation would also have a major impact on the planned purchase of the club by the San Francisco 49ers, who have the option to complete a full buyout at a fixed price of £475m by January 2024.
However, that price only applies in the Premier League, and it is unclear whether Radrizzani would accept a significantly lower offer from the 49ers if Leeds remained in the Championship.
Despite such problems, Leeds appear to be in a better position to withstand the shock of relegation than Burnley or Everton, who sit third at the bottom of the table two points behind their two rivals, albeit with a match to go.
The Everton side have no release or salary reduction clauses in their contracts, so the club may find it difficult to get rid of players in the event of relegation, leaving them saddled with a high wage bill they cannot afford.
Burnley’s only genuine assets are goalkeeper Nick Pope (pictured) and striker Maxwel Cornet
After years of poor performance, Everton also have fewer salable assets, with the exception of Dominic Calvert-Lewin, who is likely to leave Goodison Park regardless of which division he is in, with Arsenal and Newcastle keenly interested.
Burnley players have relegation clauses in their contracts, but nine of the squad will be free agents this summer leaving the club, with limited options to raise funds through sales, with Maxwel Cornet and Nick Pope their only major assets.
Additionally, Burnley will be hit with a £65m loan repayment charge to MSD UK Holdings if they are relegated this season, as sports mail revealed in January.
Meanwhile, with Burnley’s takeover two years ago being financed largely by debt, there are major concerns about whether owner Alan Pace will be able to keep up with other payment schedules if the club are in the Championship.
If Pace’s ALK Capital struggles, former owner Mike Garlick has the option to regain control.