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Donald on our January budget

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Botchie

Botchie

Striker
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When we came in, we basically did a budget that said we’d have £10m in wages and we’d probably have to spend £4m tidying up contracts, the Jack Rodwells, etc. The reality is that we actually spent zero tidying up contracts but that money is worse than that because we haven’t been able to get rid of Ndong, Djilobodji and a couple of others. So we are way, way over that. That’s bad news.

We’ll see where we go with Papy and Ndong but the rest of the squad with the players that we’ve got, I think we’ve got the wage bill down from £20m odd, excluding those two, the existing squad is down to £11m. We’ve managed to halve it and the new squad has cost about £3m to put together.

That tells you the challenge that we have because in this league £3m-4m is a decent wage and a £5m-6m budget and you’re at the top. We’ve spent that on players, the £3m-4m, but we’ve still got £11m in the existing squad, although we don’t have £11m worth of value probably.

With League One revenues, even with 30,000 fans, that’s not sustainable. We’ve had one window, so over the next couple of windows we are going to have to try and improve that but the problem is that it has left us with almost no wiggle room.

January is going to be a challenge for us because of what we’ve got in our squad.
 

In his latest appearance on the Roker Rapport Podcast, Sunderland owner Stewart Donald has spoken about our ability to spend in January, and how having high earners in our squad could impact our budget. Sunderland chairman Stewart Donald kindly returned to the Roker Rapport Podcast earlier today, which will be available to watch early tomorrow...

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andy78 said:
Aye, goes into detail. There's a little bit
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on those two
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and talks about the legacy payments in depth.
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Papy returned, as I understand it he had a conversation with Jack Ross where he said he feels as if he hasn’t done anything wrong.

He turned up and he had an obligation to turn up in a certain condition, he hasn’t turned up in the condition you would want. The following day, training would commence and he never made the training session.
 
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