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The Swiss Ramble

England

Leeds United Finances 2021/22

Inbetween Days

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Swiss Ramble
Apr 17, 2023
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Leeds United’s 2021/22 accounts cover a season when they finished 17th in the Premier League, dramatically avoiding relegation with a win on the final day of the season.

The much loved Marcelo Bielsa, who had taken the club back to the top flight after a 16-year absence, had been sacked in February after a run of poor results. He was replaced by Jesse Marsch, but the American coach was in turn dismissed less than 12 months later, succeeded by Javi Gracia.

Profit/(Loss) 2021/22

Leeds United’s pre-tax loss widened from £12m to £37m, despite revenue rising £18m (11%) from £171m to a club record £189m, as total expenses increased by £44m (24%) from £183m to £227m. In addition, they only booked £1m profit from player sales.

The main reason for the revenue increase was the return of fans to the stadium, which led to a steep increase in match day, up from only £2m to £25m, and also helped drive £13m (35%) growth in commercial income from £36m to £49m. Both of these established new club records.

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