Colchester United owner and chairman Robbie Cowling has promised to invest another £1.5 million in the Essex outfit in 2008 after already pledging that sum this term.
Cowling`s words will please U`s fans who feared are empty transfer kitty in January, although the Jobserve head honcho insisted recently that he always planned to inject the cash.
He told the EADT: “In addition to the money I paid at the time, I agreed to make an investment of £1.5m a year down the line, and another one of a similar amount a year later (2008).
“It’s not that Colchester United is in desperate need of investment, because it’s on a sound financial footing, as it was when I took over.
“It’s money for the long-term future of the club, although the money is already there for George (manager Geraint Williams) to spend whenever he wants.”
Cowling added in the article that he fully backs the judgement of the manager, saying: “George knows that I back his judgement. He’s not frivolous, and he’s very loyal to his current players. He made a lot of astute buys over the summer. They are all performing.”
“We can’t do a lot more for the club at the moment. The development of the new ground is going well, and the team are continuing to defy the odds in the Championship,” Cowling concluded.
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Can £3m turn you into title challagers?
Maybe! It’s not the money you spend, it’s the quality you sign that make you a good team. Colchester were build on free agents in the season before this and look at how well the U’s did!
You’ll just have to wait and see!!!
…that’s the best part!
Wise words once again, its the quality you sign, Brown, Curo, Big Chris were all signed for free.
I suppose we are also talking about the ability of George Williams to spot a player… his transfer policy will show through now that Parinson’s team have all but left.
Yeah, free agents come in the summer rather than in mid-season.
Col U tend to take the free agents and give them a chance. The quality has to have been there in the first place though. Playing on a regular basis can bring that out.
All players need is confidence, Yeatesy couldn’t do anything for Leicester and Hull last season, now look at him.