Vital Football

Latest Birmingham City News

Gold - We'll finance deals ourselves

Gold - We'll finance deals ourselves

Blues chairman David Gold has promised to ensure the club do not suffer financially if (when?) the club are relegated - and has also pledged that he and the other board members will find money from their own purses for new signings.

Despite Steve Bruce being forced into offloading players to fund potential January moves, the board have assured their manager that money will be available for future signings.

And Gold is also making sure that the club do not follow the likes of Barnsley, Sheffield Wednesday and Bradford into financial oblivion following relegation from the Premiership.

He said: 'We have always said we will protect this from the plight of horrendous situations at other clubs who have gone into administration because they borrowed money and built up debts.

'They wake up one morning and the bank manager says 'I want my money back' and you go out of business or into administration. We would never allow that to happen at Birmingham.

'During our tenure at Birmingham, when the going has got tough, the tough have got going and we have come up on a number of occasions with our own money. Our financial contribution has been substantial.

'The club spent all the money available for players in the summer and any extra money for players now, on top of that generated through people leaving in January, will come from David Sullivan and the Golds.'

Although it is admirable that the board are willing to back Bruce financially, it is vital that the correct players are bought in the transfer window - that is, if it is not too late by then.

With Walter 'Water Pistol' Pandiani looking likely to be on his way, two strikers capable of hitting the net regularly are a must - however, these are notoriously hard to come by. With our grip on top-flight status looking increasingly tenuous, and our hands set to be trampled on by the 22 feet of the Chelsea team, it will certainly be a struggle to sign any top calibre players come the transfer window.



Register on this site via the drop down menu and leave feedback to this story below or click here to join in the debates on the forum.

Go on, get vitalled!

Writer:
Date:Wednesday December 28 2005
Time: 1:16PM

Login to post a comment

Best of Vital Network

Recent Birmingham City Articles

Birmingham City handed boost in bid for Henry Onyekuru

Birmingham City have reportedly been handed some positive news in their chase for young Belgian forward Henry Onyekuru

Lee Carsley - Just what Birmingham City needed

Vital Birmingham editor Tom Heslop has his brief say on the recent appointment of Lee Carsley

Redknapp eyes up another Aberdeen star

Birmingham City are being linked with a move for Kenny McLean...

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Archived Vital Birmingham Articles

Vital Birmingham articles from

Site Journalists

Tom Heslop
Editor email
Profile
Christopher Handy
no email
Profile
Saskia Bowes
no email
Profile
Rob Wildey
no email
Profile
Luke Turner
no email
Profile

Current Poll (see more polls)

Should Blues appoint Harry Redknapp permanently?
Suggested By: Vital Blues staff
Yes89%
No11%
ScoopDragon Publishing Entire League Network of Sites
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Birmingham City Results (view all)

Birmingham City Fixtures (view all)

Vital Members League Table

RankNamePoints
1.WayCoolBlue35
2.Ohio32
3.David Village25
4.gazal13
5.cropped11
6.BCFC4EVER4
7.WhoRya3
8.LukeTurner2
9.Matthew Elliott11
10.Sausage n egg1
The Vital Football Members League