Financial Report: Leeds lost £36 million in failed bid to reach the Premier League
8 April 2020
The club's turnover, however, stood at a record level for a Championship club not receiving parachute payments.
Wages rose by around £15 million, almost covering Leeds' entire revenue.
A number of undisclosed legal claims have been brought against the club.
Leeds United lost £36 million last season in a failed bid to reach the Premier League, the club's just-released financial report has revealed, highlighting the fact that sustained investment doesn't necessarily bring sporting success in the world of football.
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