DEAL AGREED: Championship club’s blew away by Leeds United offer with eight-figure Club agreement

According to Swansea City sporting director Paul Watson, Leeds United’s offer to buy Joel Piroe from Swansea City was one the Welsh club couldn’t compete with.

The Whites were ambitious in their approach to summer business, bolstering their squad to the point where it appears to be stronger than last season in a number of areas.

In attack, the club spent heavily to bring in quality, signing Swansea City’s Joel Piroe on a permanent deal.

What was the price of Piroe?
Piroe joined Leeds for an initial sum of £10.5 million, which may increase to as much as £16 million if Leeds trigger certain add-ons in the contract.

His start at Leeds couldn’t have been better, as he began his career at Ipswich Town, scoring on his debut and assisting the club to their first league win of the season.

Swansea sold for what reason?
When Leeds approached Piroe, he had less than a year left on his contract at Swansea, and a new deal was on the table, according to Swansea sporting director Paul Watson.

Over the weekend, he told WalesOnline that his club just couldn’t compete with Leeds’ financial heft, a side that boasts parachute payments:

“I had many conversations with Joel.” I’ve spoken with a variety of players. I have stated that I will do two things.

“I had many conversations with Joel.” I’ve spoken with a variety of players. I have stated that I will be two things: fair and honest.
We finally wanted to keep Joel, but what he and his representatives desired was not within the framework of the football club.

“We felt we couldn’t break that structure because of the repercussions.” This was in addition to an offer that came in. We have an internal valuation, which was reached and even exceeded in several cases.

“When you’re getting a return on investment, he indicated that he wasn’t going to sign a new contract, and you can’t compete with a club that has a higher return on investment.”

That all came to a point where you said, “What do we do, we get the absolute best for the football club?”

“We can get something, reinvest it, and strengthen it as we go.”

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