UK time is: 06:54:02
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Prudent Peace outlines plan

Albion chairman Jeremy Peace has outlined a cautious approach to next season, after gaining a fourth promotion to the Premier League.

The West Brom board of directors have devised a three-year plan to structure the club`s finances to avoid financial difficulties should they get relegated from the top flight next time around.

This is no different from what we've heard from Peace for some time and he is looking to continue a conservative approach to player recruitment.

"We will be positive but we will remain relatively prudent,' said the chairman.

'Our number one priority is always to keep the club solvent while trying to compete successfully at the highest possible level.

'Everyone has seen football clubs get into dire financial difficulties in recent years but this will not happen at Albion on my watch. We will continue to be sensible and realistic.

'A club of our size, without a benefactor, can only spend a certain amount and we have to be more inventive in the way we use our comparatively limited resources.'

"The last time we were promoted we spent a club record 24million on transfer fees - and ended up being relegated,' he continued.

Well, you could argue that 24 million wasn't enough. And it helps if you don't wait until our season is almost over before you start investing.

Peace also went on to say that the club still has an overdraft in excess of 10m 'a hangover from the excesses in the transfer market when we were last in the Premier League.'

He also added: 'This summer we will build and strengthen our squad and endeavour to keep our core players while improving and upgrading around them, but it is clearly not all about transfer fees.

'To be competitive in the Premier League, we need to pay market-rate wages to the right standard of players on suitable contracts and this will form a major part of our planning.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Craig Coggle Mail feedback, articles or suggestions

Date:Monday April 12 2010

Time: 3:17PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent West Bromwich Albion Articles

Irvine Pleased With Latest Progress (Thursday August 21 2014)

Brunt Makes 250th Appearance (Thursday August 21 2014)

Irvine Happy With Striker Options (Monday August 18 2014)

All About The Berahino (Sunday August 17 2014)

Irvine Disappointed With Draw (Sunday August 17 2014)

Stats: WBA v Sunderland (Saturday August 16 2014)

Irvine - Dawson Is Raring To Go (Friday August 15 2014)

Negativity Can Motivate Us - Irvine (Thursday August 14 2014)

Albion Host Oxford (Wednesday August 13 2014)

Irvine - U21s To Get Early Shot? (Wednesday August 13 2014)

Archived West Bromwich Albion Articles

List All Vital Baggies Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results
WBA 2 - 2 Sunderland

League Table (view table)

Team P W D L GD Pts
9. Everton 1 0 1 0 0 1
10. Leicester City 1 0 1 0 0 1
11. Sunderland 1 0 1 0 0 1
12. WBA 1 0 1 0 0 1
13. Crystal Palace 1 0 0 1 -1 0
14. Man Utd 1 0 0 1 -1 0
15. Southampton 1 0 0 1 -1 0

Breaking League News

Santon Injury Blow
Newcastle : 21/08/2014 23:18:00
de Jong Expected To Make Debut
Newcastle : 21/08/2014 23:11:00
Hull City : 21/08/2014 21:53:00
Hammers seek Belgian Defender
West Ham : 21/08/2014 18:40:00
What if we bought Pogba?
Chelsea : 21/08/2014 18:30:00

Current Site Poll (view all polls)

Sunderland MotM
Suggested By:  Baggy Boy
Foster 2%
Wisdom 0%
Pocognoli 33%
Gardner 41%
Dawson 0%
Olsson 0%
Dorrans 8%
Mulumbu 0%
Anichebe 0%
Berahino 8%
Brunt 0%
Sub - Baird 0%
Sub - Sessegnon 8%
Sub - Yacob 0%