Leeds United will be playing in the Premier League next season after a superb Championship campaign in which they finished top and reached the 100-point mark.
The Whites are back in the top flight at the second time of asking after just falling short last season when they lost in the Championship playoff final.
However, Leeds United will be mindful of the fate Southampton suffered after they got promoted at the Whites’ expense.
With that in mind, Leeds will be eager to strengthen their ranks to avoid the same fate as the 2023/24 playoff winners.
A report has now emerged which states how much Leeds reportedly have available to spend this summer.
Photo by Robbie Jay Barratt - AMA/Getty Images
Photo by Robbie Jay Barratt – AMA/Getty Images
Leeds United set for £150million transfer budget amid PSR caveat
The Daily Mail has published an in-depth report regarding Leeds’ transfer plans this summer, including the transfer budget at their disposal.
The report noted how 49ers Enterprises, the club owners, have issued £120million worth of new shares to existing investors to help fund their spending plans.
Leeds are reportedly expected to spend that much, with a budget of approximately £150million for the summer transfer window.
As the Whites have spent two of the past three seasons in the Championship, they are allowed losses of £61million, as per the Premier League’s PSR rules.
Departures will also be on the cards at Leeds, which would create more room for the club to spend on new signings, added the report.
READ MORE: Director says ‘complete’ £25m striker is free to leave this summer amid Leeds interest
Who Leeds United have been linked with ahead of summer transfer window
Leeds are likely to overhaul their entire squad, with goalkeepers, left-backs, midfielders and forwards all said to be in Daniel Farke’s sights.
Bayern Munich goalkeeper Daniel Peretz has been linked with a move to Leeds on loan. Liverpool stopper Caoimhin Kelleher is also said to be on Leeds’ radar.
Kalvin Phillips has been linked with a return to Elland Road, while Manor Solomon is wanted by Leeds after his fruitful loan stint.
Further up the pitch, Rennes ace Arnaud Kalimuendo is once again a target for Leeds, along with the likes of Callum Wilson, Jamie Vardy and Evan Ferguson.