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Clegg: Town in Cash Positive Position After January Dealings
Clegg: Town in Cash Positive Position After January Dealings
Saturday, 27th Feb 2010 10:09

Chief executive Simon Clegg says the Blues were in a “cash positive position” after the January transfer window loan deals which saw strikers Daryl Murphy and David Healy come in from Premier League Sunderland and Jon Stead, Alex Bruce and Tamás Priskin move out on a short-term basis to Championship sides Coventry, Leicester and QPR.

Clegg says the deal to secure the signing of the highly-waged Premier League duo was more than balanced out by the terms of the loan moves away from Town: “I think we’re in a cash positive position. To me it was a question of doing good business for the club.

“We’ve got a number of players out on loan which has worked well for us even when you take into account Daryl and David coming in from Sunderland.

“We wouldn’t have Daryl and David here if we had Alex Bruce and Jon Stead still on the books. That would just have been economic madness.

“The manager drives what he wants to do with the players that he’s got in his squad. Those that aren’t playing, those that he feels need to go out to get experience with other clubs and he identifies the players he wants to come in.

“But it’s not a bottomless pit, people should not be under any illusions about that. And therefore if I can make more money by sending people out than I pay out when bringing people in then that’s good business.”

Clegg says there is still cash available if manager Roy Keane wants to make further additions before the end of the season: “If Roy feels the need to enhance the squad, then he knows he’s only got to have a discussion with me and we’ll take it from there.

“We’ve got a budget but if I want to make a case to Marcus to go over that budget and I can justify it, I have no doubt that he will respond positively to that.

“But I think it’s much better that you try to manage things within an overall figure if you can. That makes good financial sense and means we don’t get ourselves into the same troubles that some other clubs have got themselves into.”

Chairman and owner Marcus Evans was in charge of Town’s transfer dealings last summer, but Clegg says he will take that role from now on: “He’s now made it very clear that he wants me to lead on all player negotiations once we get to the end of this season. I’ve played an increasing role in that.

“Having not done it before last August was a bit of an education to me in terms of the way football operates. I was much more involved in the January window and I expect to be leading on all player negotiations going forward.”

The former BOC chief admits that he had a lot to learn when he joined the club: “Because I’ve come from completely outside of football it was undoubtedly a steep learning curve and it is still a learning curve, but all the time I feel more confident, I feel very comfortable in this environment and still consider that there’s a lot of synergy between what I was doing before and what I’m doing now.

“This is about high performance sport and I feel very comfortable being in the environment of the players and being at the training ground, without in any way getting under the shoes of the manager.

“I’m absolutely delighted with the decision I made and with hindsight it was the right one for me. This is a fantastic club and I couldn’t have been more warmly welcomed into the local community and for that I’m extremely grateful.”

Clegg says no discussions have yet taken place regarding Keane’s summer transfer kitty and says Marcus Evans will continue to back the club’s attempts to get back into the Premier League: “We’re yet to talk about whether we will operate to a particular budget.

“What I will say about Roy is that he has been very realistic in terms of his expectations of the type of players he would like to bring here. In the main he has identified people who he thinks have got long-term potential for the club.

“We’re delighted with Daryl Murphy and David Healy’s four goals over the last few games and that’s looking really good. No particular budget has been set for the transfer window next season.

“Marcus continues to be hugely committed to the club and investing where appropriate to give us the best opportunity to get promoted.”


Photo: Action Images



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Moscow_Blue added 10:25 - Feb 27
Like it or not, football is now a business and Messrs Clegg and Evans seem to be bringing that commercial knowledge to the Club.
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debenhamsteve added 10:37 - Feb 27
After hearing all about the Pompey fiasco and the Premier in general it is good to have sensible business people in charge. I thought that Stead left after Healy and Murphy arrived and it was up to the player whether he went and not essential in making the books balance?
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PimsNumber1 added 10:54 - Feb 27
I think stead was still mulling it over when the two arrived. There was only a small technical gap between the two deals. Anyway its not important , it means the 3 out paid for the two in.
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brittaniaman added 11:41 - Feb 27
At the reserve game last wed. Keano was watching the game, and I noticed fans were asking him questions and he was answering very politely, he is not the midfield pitbull I imagined him to be, and he did not bite anybody. I must admire him for that
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bedsitfc added 11:56 - Feb 27
good to see our club being looked after and no high risks being taken
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bluepeter added 12:56 - Feb 27
well said again bedsit!
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arc added 14:58 - Feb 27
I would hope the transfer budget hasn't been set yet for the summer: we don't know which division we're going to be in! If we go down, all Hell will break loose.
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Tractorog added 17:14 - Feb 27
With the results today we look in a better league position... but it is still not over until the cheap yellow canary has been stuffed by the hand of destiny... OMG I think I'm channelling Humphrey Littleton
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WadzillaBhoy added 19:49 - Feb 27
I think Stead going out on loan was a great idea. Just because he's going out on loan doesn't mean he'll leave us. If he does leave us we will get a fair price for him considering he scored today. If he stays he will come back full of energy thanks to getting games and also he'll come back to the squad realise that he has to work to keep his place. He'll be like a new signing trying to prove himself. I think Keano's man management is spot on, just look at the impact of what he said to Upson. We have a great manager here, give him time he will deliver. He played under Brian Clough, Sir Alex Ferguson and Martin O'Neill not to mention the fact he's been a captain most of his life and international captain. Now thats one hell of a pedigree, what qualifies all of the boo boys to complain? Whats their connection to the sport apart from school boy football and watching games. Its so frustrating that some so called "fans" are moaning all the time. If you don't like it go support the canary fairies! COYB Keep the Faith

One - nil to the TractorBhoys!
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Mungo added 20:30 - Feb 27
Suggests Bruce is on high wages for a fringe player. He hasn't really proved value for money and should be moved on in the summer to free up the wages. Same for Stead really. Our wage bill is probably the highest it has been since we came out of administration and changes need to be made in order to move forward.
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WadzillaBhoy added 22:14 - Feb 27
Yeah I agree Mungo I like Bruce but he's not getting games for Leicester so Im not sure if they will buy him. Is Priskin injured? Because he wasn't even on the bench for QPR
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ipswichtown added 12:47 - Mar 3
KEEEEEEEEEEAAAAAAAAAANNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOO!!!
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