Leeds, on the other hand, will have to be much smarter in their recruitment in order to remain compliant with PSR, though Paraag Marathe has insisted funds will be available to spend.
The Whites will officially be able to start signing players from today onwards but that is not to say work hasn’t been going on behind-the-scenes.
The fact Brenden Aaronson has already held talks with Daniel Farke and agreed to return to Elland Road next season should be clear evidence of that.
This time 12 months ago, Leeds and Southampton were in a very similar position having both on the lookout for a new manager after relegation.
As such, there was plenty of overlap when it came to who the two sides were targeting last summer, with Joel Piroe, Taylor Harwood-Bellis and Max Aarons just some of the names linked with both.
One player Southampton did also target who seemingly wasn’t on Leeds’ radar was Swansea City defender Nathan Wood, who had worked under Russell Martin in South Wales.
According to Wales Online, Southampton saw an offer of £10 million rejected by the Swans for Wood a year ago, and are again braced for offers.
This time around, however, Wood has just a year remaining on his deal and has shown no signs of agreeing an extension, meaning there is a possibility he could leave.