“Doing a Leeds”
/ˈduːɪŋ ə ˈliːdz/
phrase · soccer
Definition
Spending money you haven't earned yet to prepare for success you haven't achieved yet, then falling apart when it never arrives.
Origin
Leeds United borrowed heavily against gate receipts and TV money they were counting on receiving, all of it resting on qualifying for the Champions League every year. They reached the semifinal in 2001, never got back, and were in the third division by 2007.
Used in a sentence
"Spurs just paid $170 million for one midfielder and they're not even in Europe this season. One bad year and they're at risk of doing a Leeds."
Never sound lost at the pub again
Twice-weekly soccer sense, free forever.