By Hutchy
April 8 2005
With the Tigers now looking almost certain to gain promotion to the Coca Cola
Championship, Hull City chairman Adam Pearson has this week outlined the club's
ambitions and budget for next season.
Speaking at the Fan’s Liaison Committee meeting
this week, the man regarded as the club’s savior - having
rescued them from the brink of financial ruin 4 years ago, Pearson has
stated the club will be seeking
to consolidate in the division above. However he is determined the club will
be competitive and aim for a top ten finish. The chairman, who is a former Leeds commercial director, intends to set
a budget of £3.75m for player’s salaries. Pearson came to this figure
after looking at other championship club’s finances. For example Stoke
started last season with a budget of £3m but found the need to increase
this to £3.7m to maintain their squad size and be competitive. Cardiff
suffered with a budget of £7m and had to borrow using the ground as security – something
the Tigers cannot do considering the KC stadium is owned by the Council. Pearson stated that there will
be money available for transfers, although due to transfer market conditions,
he reckons few players will be
moving for large fees in the summer. He also added payment of any transfer
fees can be spread over a period of time and would not affect the wage budget.
Although no signings
will be discussed until promotion is assured, the chairman expects at
least 6 new players to be introduced into the squad before the start
of next season. With the step up to the Championship expected to be a bigger
one than last season, Peter Taylor must be reviewing his squad and assessing
each player’s ability to make the grade in the division above. Areas
on the pitch that are expected to be strengthened are in central midfield,
upfront and possibly at the back.
