Leeds United CEO Angus Kinnear has revealed that the decision for Archie Gray to join Tottenham Hotspur was ultimately the player's, and not a necessity for the club to balance their books. He states that two other sales could have sufficed to meet Profit and Sustainability Rules (PSR) targets.
Leeds United did not need to sell Archie Gray to Tottenham Hotspur to balance the books this summer, with the decision to leave the club ultimately the player's. That's the verdict of Leeds CEO Angus Kinnear, who in a wide-ranging interview with The Square Ball podcast, has given an insight into the deal which took Leeds' brightest young talent to Tottenham Hotspur for £40m.
"Leeds United didn't approach any club to sell Archie Gray," explained Kinnear. "Normally you offer a player around or speak to the agent, we could have kept Archie Gray. He added: "Archie is very valuable from a PSR perspective because he's academy produced so there's no amortisation, there's no book value to him at all. So all of the revenue generated from the sale goes to hit the PSR target.
"It could have been Pascal, Willie, Max Wober, but the reality is when you get relegated ever single club has to sell players. We didn't need cash, but there was a PSR gap and we had the issue of players wanting to leave." "Archie Gray is one of the greatest English talents in the game at the moment," concluded Kinnear.. "When he is signing a new contract he and his representatives are not prepared to be trapped in the Championship, they are just not.
Leeds United Tottenham Hotspur Archie Gray Transfer PSR
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