Ex-PL CEO drops game-changing verdict on £100m plan — Football Insider 1/6/24
Ewan Kingsbury
Everton’s former chief Keith Wyness has insisted stadium
expansion at Leeds United would be a game-changer.
Speaking on the new edition of Football Insider’s Inside
Track podcast, the 66-year-old – who served as CEO at Goodison Park between
2004 and 2009 and now runs a football consultancy advising elite clubs –
claimed the Whites need promotion next season, which would allow them to
rebuild Elland Road and become a “viable Premier League club”.
Football Insider revealed in November 2023 that the Leeds
chiefs are planning a £100million stadium project after securing external
investment, with capacity slated to rise to 55,000.
Leeds fell short in the Championship play-off final against
Southampton on Sunday (26 May), meaning they will spend the 2024-25 campaign in
the second tier.
The Yorkshire giants have benefitted from sold-out stadiums
in each of their last three seasons – but were unable to compete with matchday
revenues from clubs like Newcastle and Aston Villa in the 2022-23 campaign.
Wyness warned that promotion in 2025 is “crucial” to Leeds’
plans of becoming a “viable” top-flight side.
He told Football Insider‘s Insider Track podcast: “They’ve
got two or three seasons of parachute payments. But when those stop, that’s
when the buck stops.
“That’s when the musical chairs start, and you can get left
without a chair. It can be really difficult without that extra money.
“They’ve got to make sure they get up next season, that will
be crucial.
“That will set them up for stadium improvements, which will
really allow the club to make sure they have the revenue to become a viable
Premier League club.
“But getting there is very hard, and Leeds will have to do
some clever dancing around the squad costs to make a competitive team.”