Finance expert: Leeds have ‘contemplated relegation scenario’ as Championship clauses revealed

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(Credit: Imago) Thu 26 March 2026 17:00, UK Leeds United have contemplated a scenario where they are relegated from the Premier League in their financial modelling for this season. “Certainly, Leeds will sell out the stadium if they’re having a good season in the Championship, so they’ll make the same amount of money on matchday.

They will probably make the same amount of money on commercial as well.” How Leeds’ wage clauses mitigate relegation blowBorson revealed how Leeds could avoid a significant financial blow if they are relegated this season. “What will happen is that the wage bill will drop to match the broadcast revenue drop and all being well, they get back into the Premier League after a season in the Championship and, from a financial perspective, there’s no major detriment,” said Borson.

You can have a bad season in the Championship, then that changes things. But I think generally, we can work on the expectation that Leeds will be absolutely fine financially if they get relegated.” Leeds are yet to publish their accounts for last season, but they posted a record-breaking Championship revenue in 2023-24 despite seeing their turnover fall from £189.7million in 2022-23 to £127.6m. 🚨 Don’t Miss a Beat: Your Leeds United Insider Access Get the full story from Elland Road and Thorp Arch with our dedicated expert hubs: Updated 24/7 with expert analysis from the heart of West Yorkshire.