Dr Bill Gerrard, a professor of sports management and finance at Leeds University Business School and a Leeds season-ticket holder, believes selling James Milner would send out more worrying signals.
Gerrard said: "I think they are desperate and they will sell whoever. I am very pessimistic about the short and medium-term prospects when they are selling players like Milner.
"I am absolutely gutted. Tens of thousands of Leeds fans will be very upset. It is a real sign of short-termism.
"I think they will sell whoever they can for whatever they can get and I think there will be a huge reaction. Every decent fan of Leeds United will be absolutely furious, he was the future.
"Krasner selling Milner is the equivalent of Peter Ridsdale selling Jonathan Woodgate. Selling Milner shows the club have no money and no ambition."
Gerrard said: "I think they are desperate and they will sell whoever. I am very pessimistic about the short and medium-term prospects when they are selling players like Milner.
"I am absolutely gutted. Tens of thousands of Leeds fans will be very upset. It is a real sign of short-termism.
"I think they will sell whoever they can for whatever they can get and I think there will be a huge reaction. Every decent fan of Leeds United will be absolutely furious, he was the future.
"Krasner selling Milner is the equivalent of Peter Ridsdale selling Jonathan Woodgate. Selling Milner shows the club have no money and no ambition."