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Leeds posted losses of £21.4 million in Marcelo Bielsa’s first season

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Leeds posted losses of 21.4million in Marcelo Bielsas first season, with the Sky Bet Championship clubs accounts showing wages rocketed during the 2018/19 campaign.The Argentinians arrival heralded excitement and a renewed promotion push at Elland Road, but the club fell agonisingly short in the play-off semi-finals.The coronavirus outbreak has seen this season suspended with table-topping Leeds on course for promotion, having built on the 2018/19 campaign.Leeds lost out to Derby in the Championship play-off semi-finals in Marcelo Bielsas first season in charge at Elland Road.Uniteds accounts for the year ending June 30, 2019 show turnover increased from 40.7m to 48.9m, with the average home attendance rising by 2,512 fans to 34,033.Income streams increased across the board but Leeds operating loss was 36.1m, with a loss for the financial year and total comprehensive income of 21.4m.Wages were a huge contributing factor in that, with the accounts showing a steep rise from 31.4m in 2017/18 to 46.2m during 2018/19.(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-72310761-1', 'auto', {'name': 'pacontentapi'}); ga('pacontentapi.set', 'referrer', location.origin); ga('pacontentapi.set', 'dimension1', 'By PA Sport staff'); ga('pacontentapi.set', 'dimension2', '0e10e7cf-7fc8-4f57-b1e1-baf66d67034a'); ga('pacontentapi.set', 'dimension3', 'paservice:sport,paservice:sport:club-news,paservice:sport:football,paservice:sport:uk'); ga('pacontentapi.set', 'dimension6', 'story'); ga('pacontentapi.set', 'dimension7', 'composite'); ga('pacontentapi.set', 'dimension8', null); ga('pacontentapi.set', 'dimension9', 'sport:football'); ga('pacontentapi.send', 'pageview', { 'location': location.href, 'page': (location.pathname + location.search + location.hash), 'title': 'Leeds posted losses of \xA321.4 million in Marcelo Bielsa\u2019s first season'});

April 8th 2020, 6:43 am
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