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Mateo Joseph Set to Leave Leeds United This Summer
Mateo Joseph’s time at Leeds United appears to be nearing its end, as the young striker is now expected to leave the club in the upcoming transfer window.
His future at Elland Road has been uncertain throughout the season due to limited playing time under manager Daniel Farke. Back in January, Real Betis submitted a £10 million bid for Joseph, which was turned down by Farke and Leeds’ owners, the 49ers Enterprises, due to the manager’s supposed long-term plans for the player.
However, those plans never materialized. Since rejecting the offer, Joseph has featured for only 115 minutes. It’s now been agreed that he can leave the club—a decision that could ultimately work in Leeds’ financial favour.
Joseph’s Exit Could Help Leeds Spend £42.5 Million
Selling Joseph may seem risky—especially after backlash over Charlie Cresswell’s departure—but it could prove financially savvy. Despite recent strong performances for Spain, Joseph isn’t classified as a fully homegrown player, having joined Leeds from Espanyol in 2022.
Reports suggest a potential transfer fee of around £8.5 million. While no deal has been finalized, the move could significantly benefit Leeds’ Profit and Sustainability Rules (PSR) standing.
Finance expert Adam Williams explained to LeedsUnited.News that the club stands to make a near-total profit on Joseph. Signed for £900,000 on a 3.5-year contract, his book value now stands at just £130,000 after a contract extension in early 2023.
“If the sale price is around £8.35 million, the PSR profit would be approximately £8.45 million,” Williams noted.
This entire profit would be recorded immediately, while any incoming transfer fees would be spread over multiple years. In effect, Leeds could reinvest £42.25 million this summer without impacting their PSR for this financial year.
That said, future wage commitments and amortisation would still affect the club’s PSR calculations going forward. Leeds’ PSR threshold is currently £61 million (over three years), rising to £83 million next season if they remain in the Championship, and £105 million if promoted to the Premier League.
Williams added that any near-total profit sales are vital for Leeds to retain flexibility in the transfer market while staying within PSR limits.
Busy Summer Ahead for Leeds United
As Leeds prepare for a busy June, the potential sale of Joseph—alongside Junior Firpo’s expected move to Real Betis—highlights the club’s active role in the transfer market.
While losing a promising talent like Joseph could be a gamble, the financial upside and PSR benefits make it a calculated decision. With the club aiming to comply fully with PSR regulations, such sales offer Leeds the flexibility needed to strengthen the squad and pursue their Premier League ambi
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