Leeds United chief executive Angus Kinnear has revealed all on why the club failed to sign Hull City striker Jarrod Bowen in the January transfer window.
Marcelo Bielsa’s men were strongly linked with a move for the prolific forward last month, with The Sun claiming they were readying a £15m bid.
However, it has emerged that was never on the cards and Bowen eventually moved to West Ham on deadline day for a fee of £19m.
And Kinnear explained why the club could not sign Bowen, despite being interested in the player, as they turned to a loan deal for Jean-Kevin Augustin instead.
Talking to BBC Radio Leeds, Kinnear said the club was right on the upper limits of profit and sustainability and were not prepared to break them.
He added that there was no way any Championship club could have signed Bowen without parachute payments or breaching P&S.
“When the accounts come out we’re going to be right at the upper limit of the profit and sustainability threshold,” Kinnear said, “and we’re not going to breach it like other clubs have.
“That’s not the way we want to operate, we’re working within the limits.
“We don’t agree with the rules and we don’t think they help drive sustainability, in fact, we think they lead to some creative accounting counter to the healthy running of football clubs, and there are a number of clubs that are campaigning against it.
“That’s why in the last transfer window we had to cut our cloth and the thought of any Championship club paying £25m for a player like Jarrod Bowen… that just isn’t possible within P&S rules unless they have a significant parachute payment.”
Bowen is expected to make his West Ham debut against Manchester City on Sunday, while Augustin is yet to taste first-team action for his new club.
Meanwhile, Kemar Roofe believes that Leeds will be in the Premier League next season, but has said that he has no regrets over his departure from the club last summer.
The striker left Leeds for Anderlecht last summer after playing a key role in the Whites’ third-placed finish in the Championship last season. Read more…