Massimo Cellino cost cutting at Leeds United
Political Economy of Football 12/5/14
Leeds United are losing £1m a month and the new owner, Massimo Cellino has initiated a programme of cost cutting which includes the temporary closure of the training ground at Thorp Arch. Its long-term future is uncertain. It costs the club an inflation adjusted £600,000 a year to rent on a 25-year lease.
It is also likely that there will be staff cuts and redundancies.
Cellino also seems to be sceptical about the value of the club's Academy.
Leeds United are losing £1m a month and the new owner, Massimo Cellino has initiated a programme of cost cutting which includes the temporary closure of the training ground at Thorp Arch. Its long-term future is uncertain. It costs the club an inflation adjusted £600,000 a year to rent on a 25-year lease.
It is also likely that there will be staff cuts and redundancies.
Cellino also seems to be sceptical about the value of the club's Academy.
