2 weeks Ago By Fasika Zelealem,Mark Wakefield
Leeds United are set for a significant financial windfall after securing their Premier League status for the upcoming season. The team, led by Daniel Farke, secured automatic promotion to the top-flight following results across the Championship on Easter Monday. The day kicked off with Leeds thrashing Stoke City 6-0, propelling them to 94 points with two games remaining.
The Whites held an eight-point lead over Sheffield United, who still had three games to play before their clash with Burnley later that day. However, the Blades suffered a 2-1 defeat to the Clarets, ensuring Leeds' top-two finish in the Championship and subsequent promotion to the Premier League. Leeds will now relish the next few months before making their Premier League return in August.
Their promotion also guarantees a substantial financial boost ahead of the new season, reports Leeds Live . The Whites were relegated from the Premier League in the 2022/23 season and have been receiving parachute payments since then. Earlier this year, Dr Dan Plumley, a sports finance lecturer at Sheffield Hallam University, highlighted the financial benefits that promotion will bring to Leeds.
"Usually we work off a general £120million for promotion, but that's if you've not been in the league [in the previous three years] and have not been receiving parachute payments," Dr Plumley informed Leeds Live back in March. "So if we come down a little bit from that, then it's going to be a big boost, £70m or £80m [for Leeds upon promotion]. And that's kind of consistent with a club like Leeds.
The attendances have still been high in the Championship, so they've been able to command fairly decent commercial deals. So really the swing for them is all in TV money." After his side's 6-0 thrashing of Stoke, Farke admitted that he'd do away with his regular post-win routine for something more chaotic.
"I normally celebrate with cake and coffee on the sofa because I'm at an age where I'm pretty tired after a game if I'm honest," the German said before Burnley's win at Turf Moor. "If there is something major to celebrate, I'm not sure. If I have to back one side to go to Burnley and get a win it's Chris Wilder's boys.
This league is crazy and I'm just willing to celebrate when it's just really done. "This was a major step. If there's something to celebrate maybe today and one of the next days believe me I will be a fire beast, there will be some other drinks.
Normally I like to speak about the next training session but I will be the first on the table.".
