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Leeds United finances

Leeds United reported £137m of turnover and £103m in wages for 2023/24.

Filed as LEEDS UNITED FOOTBALL CLUB LIMITED. Premier League. Latest accounts 2023/24.

← Football Finance · Leeds United dashboard → · Transfers → · Companies House →

Wage bill
£103m
Turnover
£137m
Profit / loss
-£49m
Net debt
Cash
£34m
Net assets
£45m

Player trading

  • Gross spend on signings (this year)£45m
  • Amortisation charge (this year)£46m
  • Squad book value (intangibles NBV)£61m

In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.

Wage breakdown

  • Wages & salaries£91m
  • Social security (employer NI)£12m
  • Pension contributions£269k
  • Key management pay (directors)£465k
  • Highest paid director£465k

HMRC exposure

  • Tax & social security owed at year-end£4.9m

Unusually large HMRC balances at year-end can signal cash pressure. Most clubs file PAYE monthly, so a multi-million sum sitting unpaid is a flag.

Debt breakdown

  • Group / owner loans£22m

Ownership

Owner: 49ers Enterprises

Persons with significant control (>25% as filed at CH): Mr John Edward York | Mr Paraag Vijay Marathe

Registered office: Elland Road Stadium, Elland Road, Leeds, LS11 0ES

Incorporated: 2007-05-01

Recent filings

  • 2026-05-19 confirmation-statement confirmation-statement-with-no-updates
  • 2026-04-12 accounts accounts-with-accounts-type-group
  • 2025-05-09 officers termination-director-company-with-name-termination-date
  • 2025-05-09 officers appoint-person-director-company-with-name-date
  • 2025-05-01 confirmation-statement confirmation-statement-with-no-updates
  • 2025-04-02 accounts accounts-with-accounts-type-group
  • 2024-07-23 officers appoint-person-director-company-with-name-date
  • 2024-07-23 officers appoint-person-director-company-with-name-date
  • 2024-07-23 officers termination-director-company-with-name-termination-date
  • 2024-05-13 confirmation-statement confirmation-statement-with-updates

Source

Status: no_filings. View at Companies House →

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