John Williams talks MONEY
Rovers chairman John Williams insists that Rovers will not be forced into selling key players like last pre-season and instead can enjoy the relative safety that financial prudence brings.
Williams told BBC Radio Lancashire: 'We have, through the Premier League, managed to secure some attractive rises in overseas television revenues.
'Those differences effectively mean we can return to being a trading club rather than a selling club.'
Rovers spent a very small portion of the money they re-couped last pre-season which bought about a lot of unrest amongst the Ewood faithful... but without the balancing of the books Rovers could of been faced with a Portsmouth like situation.
Williams continued - 'It is a fact that we had to sell Roque Santa Cruz and Stephen Warnock in order to balance the books and maintain wage levels that were necessary for us to be competitive.
'The difference going forward is that within reason we can maintain our wage bill without the need to sell.
'It means that the 10th-place money has protected the fund started by the sale of Benni McCarthy to West Ham, so we have got some spending power in this close season.'
Very well said as usual from the best chairman in the business.