Keane will see nothing of Walters sale cash

Tuesday, August 31, 2010
2:51 PM

IPSWICH TOWN: Blues manager Roy Keane will not see any of the profit generated from the £2.75million sale of Jon Walters to Stoke City.

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Town chief executive Simon Clegg has made it clear that the profit made from Walters’ sale, who cost a total of just £200,000, and the income received from the transfers of Jon Stead and Owen Garvan will not be available to Keane to strengthen his squad.

Although Clegg stresses that there is still scope to bring in the right player at the right time – although the transfer window closes on Tuesday and doesn’t open again until January – he adds:

“A lot of fans bemoan about football being a business, but if you don’t keep a business head you can see what has happened to clubs that have got into massive financial difficulties.

“Club owner Marcus Evans continues to be extremely generous investing in club.

“But he does not have a bottomless pit.

“We have to make smart financial decisions to the benefit of he club.

“As much as we want promotion as quickly as possible every player has a price on his head.

“If we receive an offer more than we value a player we will seriously consider it.

“I never like losing players, but I have to look at the big picture.

“Fans have to recognise that apart from bringing in Jason Scotland we have also brought in Mark Kennedy, Marton Fulop, Conor Hourihane and two excellent loan signings in Darren O’Dea and Andros Townsend.

“That’s six fairly solid signings and loans and with the wage bill to consider.

“We have held season ticket prices for four years but our costs continue to go up like heat, rent and electricity although our staff have gone four years with a pay rise.

“To be frank you can only expect Marcus Evans to put so much in each year.”

10 comments

  • another headline which has no factual link to the text

    Report this comment

    martyn elmy

    Wednesday, September 1, 2010

  • business is business and i dont see Clegg is not doing anything that is not in the best interest of ITFC. I do not hear serious contradiction with any of this either. Hopefully the level of consistency shown on the pitch so far by the current ITFC first team is set to continue and alot of credit to Roy Keane and his coaching staff lets hope at last ITFC is going somewhere.

    Report this comment

    mark poole

    Tuesday, August 31, 2010

  • Let's wait and see if & whenTown get promoted to the Premier League whether Marcus Evans waits around for long after the Premier "pot of gold" is deposited into the Company's bank account.

    Report this comment

    Brian Betts

    Tuesday, August 31, 2010

  • Smart buisness sense, playing infront of a half empty stadium. Lower the prices and make football available to more would be fans. Evans stands to make a fortune out of the Olympics with his corperate hospitality.We won't see it...not good buisness sense you see...

    Report this comment

    steven millar

    Tuesday, August 31, 2010

  • Just a little cleggism quote our staff have gone four years with a pay rise unquote. Unless of course Elvin isn't much of a proof reader?

    Report this comment

    JOHN BURLS

    Tuesday, August 31, 2010

  • Absolutely correct!..

    Report this comment

    Paul Assirati

    Tuesday, August 31, 2010

  • Thats not fair on Roy Superman Keane, Clegg is it? Just sold one of his great players for all that money and superman is not allowed to use any of the money! Thats a disgrace and should not be allowed, Roy should be given a free hand, to do whatever he likes with the money.

    Report this comment

    ged scott

    Tuesday, August 31, 2010

  • Blimey, that's twice in a week I've agreed with Clegg. 20 years ago we were selling players to balance the books in order to keep the "company" afloat and, in a way, it is reassuring that this situation has come to pass again. it shows that we are being run as a business again....surely the right way to go rather than risking the perils of administration again.

    Report this comment

    Grover Grammar

    Tuesday, August 31, 2010

  • Blimey, that's twice in a week I've agreed with Clegg. 20 years ago we were selling players to balance the books in order to keep the "company" afloat and, in a way, it is reassuring that this situation has come to pass again. it shows that we are being run as a business again....surely the right way to go rather than risking the perils of administration again.

    Report this comment

    Grover Grammar

    Tuesday, August 31, 2010

  • Blimey, that's twice in a week I've agreed with Clegg. 20 years ago we were selling players to balance the books in order to keep the "company" afloat and, in a way, it is reassuring that this situation has come to pass again. it shows that we are being run as a business again....surely the right way to go rather than risking the perils of administration again.

    Report this comment

    Grover Grammar

    Tuesday, August 31, 2010

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