By Sean Fisher

18th Oct, 2023 | 8:41pm

Sources: Leeds United set for £20m+ payout 15 months after deal agreed

Leeds United are set to be paid an instalment of over £20million by Barcelona this season as part of Raphinha’s transfer fee, Football Insider understands.

The 26-year-old Brazilian winger was sold by the Yorkshire club in the 2022 summer transfer window – 15 months ago.

The Spanish giants struck an agreement with Leeds worth an overall £55million for Raphinha’s signature.

However, the structure of the deal means that the Catalan side amortised the fee over multiple years.

It is understood that Leeds are set to be paid a £21million instalment before the start of the January transfer window.

The eight-figure instalment is still not the final payment scheduled from Barcelona for Raphinha, meaning Leeds are still set for future payouts in the long term.

Former Whites chairman Andrea Radrizzani has previously threatened Barcelona in 2022 with a ‘global’ legal case if they failed to pay Leeds on time.

The La Liga side have struggled financially in recent years and reportedly had a debt of over £1billion before the start of the 2022/23 season.

The injection of cash will provide a significant boost to the budget at Elland Road for future transfer windows.

Leeds CEO Angus Kinnear recently stated that funds are available to manager Daniel Farke in January to bring in new signings and improve the club’s first-team squad.

However, the cash injection may also be used by Leeds to pay off their own debts, with their 2021/22 accounts revealing that they owed £104million in transfer fees.

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