Post by QPR Report on Jan 16, 2009 8:46:02 GMT
Talking about Plymouth but obviously of broader relevance
Plymouth Official Site - CREDIT CRUNCH
ARGYLE manager Paul Sturrock believes the bleak global economic climate has taken little time to have an effect on football
The big squad has already put pressure on Luggy's wage budget at Home Park but the credit crunch has inevitably left a number of clubs reluctant to splash the cash in the January transfer window.
On the flip side, Luggy's big squad means he is not under pressure to add players in the window but he is naturally keeping an eye on one or two potential recruits.
"It is important now that the budget is adhered to," said Luggy. "Nobody envisaged the credit crunch. Nobody envisaged the drop in fan-base that everybody has had, so everybody is near enough £1m down on what they were expecting.
"We have had tentative offers on several of our players but it is very tentative. I would imagine it [would happen] in the last two or three days - that is for loans because nobody's buying.
"There is obviously one or two I would like to keep and one or two I am contemplating but some of the positions where I have been asked to move people on I am light on anyway.
"The important thing for me to say about this January window is that nobody has any money: one, to take loans, and two, to buy anybody.
"Outside the Premiership, the credit crunch has actually nullified [transfers]. Loans are still available to us for two months after the window, so I am not going to chasing my tail.
"It is not as vitally important, which gives me a bit more time to survey the scene. This week was disappointing because the FA Youth Cup was on, so reserve games were all off.
"Next week, and maybe the week after, there are a host of games, which will give me a clear picture of who I would maybe like to add to the squad.
"The disappointment for me is the credit crunch has worked detrimentally for us in terms of getting people out of the football club, for the simple reason that people just can't afford them.
"It has cut down drastically on the opportunities some of our players would have had."
www.pafc.co.uk/page/NewsDetail/0,,10364~1521615,00.html
Plymouth Official Site - CREDIT CRUNCH
ARGYLE manager Paul Sturrock believes the bleak global economic climate has taken little time to have an effect on football
The big squad has already put pressure on Luggy's wage budget at Home Park but the credit crunch has inevitably left a number of clubs reluctant to splash the cash in the January transfer window.
On the flip side, Luggy's big squad means he is not under pressure to add players in the window but he is naturally keeping an eye on one or two potential recruits.
"It is important now that the budget is adhered to," said Luggy. "Nobody envisaged the credit crunch. Nobody envisaged the drop in fan-base that everybody has had, so everybody is near enough £1m down on what they were expecting.
"We have had tentative offers on several of our players but it is very tentative. I would imagine it [would happen] in the last two or three days - that is for loans because nobody's buying.
"There is obviously one or two I would like to keep and one or two I am contemplating but some of the positions where I have been asked to move people on I am light on anyway.
"The important thing for me to say about this January window is that nobody has any money: one, to take loans, and two, to buy anybody.
"Outside the Premiership, the credit crunch has actually nullified [transfers]. Loans are still available to us for two months after the window, so I am not going to chasing my tail.
"It is not as vitally important, which gives me a bit more time to survey the scene. This week was disappointing because the FA Youth Cup was on, so reserve games were all off.
"Next week, and maybe the week after, there are a host of games, which will give me a clear picture of who I would maybe like to add to the squad.
"The disappointment for me is the credit crunch has worked detrimentally for us in terms of getting people out of the football club, for the simple reason that people just can't afford them.
"It has cut down drastically on the opportunities some of our players would have had."
www.pafc.co.uk/page/NewsDetail/0,,10364~1521615,00.html