UK time is: 09:17:49
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Stoke pay the cost of loan players

Stoke City chairman, Peter Coates has revealed that the Potters are on track to lose £4.5m this year - well over budget but is pleased that the team improved their performances on the field after the club's best season for 11 years.

Speaking to the Sentinel as he completes his first year back at the helm since buying out the Icelanders last year, he said that the cost of all those short term loans hit the Potters' bank account hard as they have overspent their budgeted £3.5m loss by around £1m. Coates will be paying the £4.5m deficit himself which will prevent the club getting it into the big financial mess that saw Coates bailing out the club to the tune of £8m last year when he took over.

Agents' fees for the short term loans of the likes of Hendrie, Griffin, Diao and others cost £500,000 as the club were forced to rely heavily on the loan market after missing out on long term signings during the summer transfer window due to the change in management at the Brit. Coates hopes that they will be better prepared this time around: 'I do want the squad to be more settled this year and, as such, although we will continue to use the loan market, it is our hope ... they are season long loans.'

In that regard, it appears that Stoke may again have to rely on the good will of Pompey in order to take Andy Griffin on loan for the full season, instead of signing the player as he still has another year on his contract back down on the south coast and could prove too expensive to buy outright.


Vital Stoke is a fast growing Potters fan site.

With news and views, along with a forum, polls and article comments, everything you need in a fans site is right here!

You can even win prizes, by posting articles comments, posting on the message forum and voting on the polls.

Vital is also 100% interactive. Not only can you have your say on the articles and the forum but you can also suggest an article or a poll so you can air your views.

So why not join Vital today?

It's easy to register here and enjoy getting involved

Message Board

To visit the message board, click here.

Get involved

This website is your website and we are looking for people to help run the site. Do you go to most of the games and have an opinion? Why not write a match report? Perhaps you are a budding journalist or even just someone who is very opinionated? Well why not join our team? If this interests you please contact Vital Stoke




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Chris Baldwin Mail feedback, articles or suggestions

Date:Monday May 28 2007

Time: 3:09PM

Your Comments

To put things into perspective, at least you don´t have these problems: http://www.chelsea.vitalfootball.co.uk/article.asp?a=67807, or this one: http://www.manchesterunited.vitalfootball.co.uk/article.asp?a=67411
Blue is the colour
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Stoke City Articles

Stoke secure marquee Bojan signing (Tuesday July 22 2014)

Palacios fails Qatar medical (Monday July 21 2014)

Jerome left out of Germany squad (Saturday July 19 2014)

Palacios set for Qatar switch (Saturday July 19 2014)

Cameron given freedom of home city (Saturday July 19 2014)

Which strikers could leave Stoke? (Friday July 18 2014)

Archived Stoke City Articles

List All Vital Stoke Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
13. Q.P.R. 0 0 0 0 0 0
14. Southampton 0 0 0 0 0 0
15. Spurs 0 0 0 0 0 0
16. Stoke 0 0 0 0 0 0
17. Sunderland 0 0 0 0 0 0
18. Swansea 0 0 0 0 0 0
19. WBA 0 0 0 0 0 0

Breaking League News

Project to a Philosophy..
» Spurs : 28/07/2014 09:08:00
Liverpool: £20m Lovren Signing Announced
» Liverpool : 28/07/2014 09:06:00
Wenger Confirms Chambers Capture?
» Southampton : 28/07/2014 08:58:00
Southampton Confirm Lovren Departure
» Southampton : 28/07/2014 08:50:00
Pearson - Multiple Positives From Everton Win
» Leicester City : 28/07/2014 08:31:00

Current Site Poll (view all polls)

Stoke player of the World Cup
Suggested By:  
Begovic 6%
Cameron 12%
Odemwingie 78%
Palacios 4%