Let’s delve a little and see if any reasons for the sale are hidden in the detail. Leeds United Official Online Shop Call us 0871 334 2019. login / register; £0.00. (41 vs 52 in 2015). This is again borne out in terms of wage expenditure in 2015/16: Leeds based on the above figures are 15th, very indicative of the league performance over the past few years. Leeds United fans have been giving their reaction to the posting of the club accounts for 2018/19. The headline numbers show an increased operating loss of £36million and an annual loss of £21million, plus a record revenue of £49million, sparked by partnerships with Deliveroo, Uber and Amazon. Turnover has increased over the period by 23.5% (£24.4m to £30.15m) driven by the termination of the Compass catering contract… Reducing this remains critical in order to provide for a profitable and stable Leeds United. If this is your first visit to the site, please take a moment to create an account. Cost of Sales increased by 38.4% (£3.9m to £5.4m) driven presumably predominantly by bringing the catering contract in house. The accounts show that the club generated a £4.3m net ‘on paper’ loss and despite strong revenue growth and continued operational cost control, the business required an £11.8m cash injection from shareholders to maintain operations and improve on-field competitiveness. Its unclear as to what that interest coupon will be but it could well put pressure on cashflow going forward. £1m bill for match day transport). Writing in Leeds United's Strategic Report for the 2018/19 accounts, Kinnear said: "The period between 1st July 2018 and 30th June 2019 was one of the most exciting years that supporters of Leeds United have witnessed over a decade. Ever the fashionista, Poppy also loves to hit Harvey Nichols to shop for designer clobber. You can unsubscribe at any time. Visiting Elland Road for a Leeds United home game? Leeds’ performance this season needs to be seen and understood in this context. Fingers crossed Andrea Radrizzani can step up to the plate and deliver. 'Reality check' - Leeds United fans react to the club's 2018-19 accounts as losses increase, Bielsa's impact, wages, Thorp Arch, promotion bonuses - what we learned from Leeds United's latest accounts, How Leeds United's spending on wages compares to their Championship rivals, The key figures from Leeds United's 2018-19 accounts and why losses increased despite record revenues, Rodrigo to start on bench, Poveda at No. Our award winning, professional and experienced team will work with you to help you build your dream day. This has increased further with the increase in TV revenue as part of the Premiership TV rights. If this is your first visit to the site, please take a moment to create an account. - Net losses of £4.3m were generated compared to a net profit of £1.0m during the prior year despite profits generated from player trading rising £9.2m to £18.1m. Please ensure that the details given are those from your Debit or Credit card statement; you will be able to create delivery addresses before checking out. No relation to Paul (we checked), Poppy is the beautiful partner of full back Luke Ayling. The Whites released their 2018/19 accounts through Companies House on Wednesday morning, Never miss a thing during United's first season back in the Premier League - sign up for free email updates. Arguably this has become more pronounced following the relegation of Aston Villa and Newcastle. 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