This season, Leeds United could be looking at a permanent exit for right-back Rasmus Kristensen, but Eintracht Frankfurt may not exercise the buy option.
Two players are still on loan from Elland Road due to loan terms in contracts that last forever while the team is not in the Premier League.
Rasmus Kristensen is one of them, having signed on loan with Eintracht Frankfurt till the conclusion of the 24/25 season and seemed to be performing well thus far.
Here, we look at what we know regarding Kristensen’s transfer status, leading to a likely decisive decision from the Bundesliga club.
How much did Rasmus Kristensen cost Leeds?
In the summer of 2022, Leeds signed Kristensen from Red Bull Salzburg for a reputed £10 million to bolster the side’s right-back position under Jesse Marsch.
In the process, he signed a deal that runs until 2027, which currently has three years remaining.
What wages does Kristensen earn through his Leeds contract?
Kristensen joined Leeds in the top tier and was earning £40,000 per week, according to Capology, or £2,080,000 per year.
According to The Athletic, Kristensen will face a 50-60% pay cut, as have the rest of the squad.
This would reduce his salary to between £16,000 and £20,000 per week while Leeds is in the Championship, but the loan clause in his contract permits him to leave while another club pays his wages, which is Eintracht this season.
What is the latest on Kristensen joining Eintracht permanently?
Sky Sports However, Germany’s Florian Plettenberg provided an important update on the right-back this month, stating that Eintracht is showing considerable interest in making the transfer permanent.
Bild published a contradictory report in November, stating that the German side is not currently considering a buy option of €15 million (£12.5 million).
Instead, they want to negotiate a fresh sum for the Dane that is “well below €10million” (£8.3million).
It is unclear whether Leeds will accept such a deal, but it appears that if they are not promoted this season, they will be forced to continue loaning out the player.
How much is Kristensen worth on PSR terms?
Kristensen signed a five-year contract worth £10 million to join Leeds in 2022, and he is in his third year of the deal this season.
That amount was subsequently amortized over five years, reducing Kristensen’s book value by £2 million per season.
The right-back’s valuation should have decreased to £4 million in his third season, with two years remaining after this one.
What this may mean for a transfer is that anything over this amount would be recorded as a PSR profit for Leeds.
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