Vital Football

Latest Stoke City News

Stoke pay the cost of loan players

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



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

Writer:Chris Baldwin
Date:Monday May 28 2007
Time: 3:09PM

Comments

0
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
31/05/2007 21:17:00
Page 1/1
  1. 1

Login to post a comment

Recent Stoke City Articles

Team news: AFC Bournemouth v Stoke City: Shawcross still out

Skipper to miss trip to South Coast

Bojan new contract

Bojan commits his future to Stoke

The Stoke City Walking Wounded - Injury Update

Our weekly update looking at the injury table and also comparing with all our competitors in the Premier League.

Stoke to wear all-white third kit against AFC Bournemouth

Potters to wear one-off replica shirt

Archived Vital Stoke Articles

Vital Stoke articles from

Site Journalists

Lloyd Reddin
Profile
Tom Barker
Profile
Matthew Forrester
Profile
Phil Williams
Profile

Current Poll (see more polls)

MOTM v Everton
Suggested By:
Butland20%
Johnson0%
Muniesa0%
Wollscheid0%
Pieters0%
Whelan0%
Imbula56%
Afellay12%
Arnautovic0%
Shaqiri0%
Diouf0%
Ireland0%
Odemwingie12%
Joselu0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 25 15 8 2 53 20
2 Spurs 25 13 9 3 48 26
3 Arsenal 25 14 6 5 48 17
4 Man City 25 14 5 6 47 21
5 Man Utd 25 11 8 6 41 10
6 West Ham 25 10 9 6 39 9
7 Southampton 25 10 7 8 37 9
8 Everton 25 8 11 6 35 12
9 Liverpool 25 9 8 8 35 -4
10 Watford 25 9 6 10 33 0
11 Stoke 25 9 6 10 33 -7
12 Crystal Palace 25 9 5 11 32 -4
13 Chelsea 25 7 9 9 30 -2
14 WBA 25 7 8 10 29 -9
15 AFC Bournemouth 25 7 7 11 28 -12
16 Swansea 25 6 9 10 27 -9
17 Newcastle 25 6 6 13 24 -18
18 Norwich 25 6 5 14 23 -20
19 Sunderland 25 5 5 15 20 -19
20 Aston Villa 25 3 7 15 16 -20
Latest F1 News
Latest Vital Boxing News

Stoke City Fixtures (view all)

Feb 13 2016 3:00PM : AFC Bournemouth (a)
Barclays Premier League
Feb 27 2016 3:00PM : Aston Villa (H)
Barclays Premier League
Mar 2 2016 7:45PM : Newcastle United (H)
Barclays Premier League
Mar 5 2016 3:00PM : Chelsea (a)
Barclays Premier League
Mar 12 2016 3:00PM : Southampton (H)
Barclays Premier League
Mar 19 2016 3:00PM : Watford (a)
Barclays Premier League

Recent Stoke City Results (view all)