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Leeds United’s financial position might not be as precarious as initially reported, journalist Ben Jacobs has told GIVEMESPORT, after the Whites failed to make an immediate return to the Premier League.

Last month, MailOnline reported that Leeds would have to raise close to £100 million if they failed to win promotion to the Premier League to avoid ‘huge financial implications’.

According to the report, Leeds were in danger of breaching the EFL’s spending rules if they did not sell up to 10 players this summer to balance losses reaching £106 million over the past few seasons.

However, Jacobs says the reported number ‘may be a little bit high’ as it does not take into account the forthcoming year’s financial books.

After impressing under Farke last season, Summerville now looks poised for a switch to the Premier League as multiple clubs, including Chelsea and Liverpool, are monitoring his situation.

Jacobs, writing in his GIVEMESPORT column, suggests that Chelsea see Summerville as a cheaper alternative to Crystal Palace winger Michael Olise.

Moreover, the £100million target is now even lower due to sales of Tyler Adams and Luis Sinisterra in the past 12 months, according to Jacobs.

Leeds landed Summerville for a low fee from Dutch side Feyenoord and selling him this summer would give their finances a big boost.

Liverpool are now bossed by former Feyenoord coach Arne Slot, whose contacts in Rotterdam are likely to have given him the lowdown on the 22-year-old.

Attacker Crysencio Summerville, who won the Championship’s Player of the Year award, is someone who could leave and it has been suggested the Whites are not making any noises about being determined to keep him.

Chelsea and Liverpool are amongst the clubs linked with Summerville and stepping up to the Premier League would be expected to be attractive to the Dutchman.