There are some signs that Ibrox fans are starting to understand the financial reality that their club is facing.
Recent expectations of a major turnover of players has died down towards with little movement expected with new signings all coming in under the ‘project’ category.
Saturday’s announcement that five players are quitting as free agents has been spun by some that it is freeing up wages- t is doubtful if Phil Clement will get much if any of that money back to offer new arrivals.
One respected poster on Follow Follow has claimed that the club is looking to reduce the wage bill by 15% which ties in with a weekend report that Executive Chairman John Bennett was looking for efficiencies to trim £10m off their annual running costs.
Weekly wages are hard to use as a gauge to expenditure, players will be on a variety of bonuses plus loyalty payments for each year completed in their contract.
Lundstram would be on a very substantial deal, arriving three years ago as a free agent from the EPL.
Further cuts into the wage bill will be almost impossible, players like Ben Davies, Rabbi Matondo, Scott Wright, Nico Raskin, Todd Cantwell and Cyriel Dessers won’t be offered anything like the salaries that they are currently collecting.
At their peak with an SPFL title to their name and appearing in the final of the Europa League there wasn’t the slightest interest in James Tavernier and Connor Goldson, that won’t be changing anytime soon.
After getting a turn out of the squad left behind by Micky Beale to deliver a trophy and a few months hope of a treble Clement will be expecting the funds to put his own stamp on the club. That is looking unlikely a reality creates austerity.
It is only early days in the transfer window but resigning Leon Balogun, swooping for Jefte ahead of Real Madrid and being linked with various South American projects doesn’t seem like the workings of A Proper Football Manager plotting to earn a place in the Champions League.
With smooth talking CEO James Bisgrove bailing out with no intention of finding a replacement it looks like austerity is underway at Ibrox regardless of the mainstream spin over exciting projects and yet another Revolution!
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