I am a bit confused by some of the comments on here. From what I can see, we have made a profit this year. We have reduced debt by 8 million to relative peanuts in the last financial year and the wages increase is over the course of their deals, which isnt an immediate threat (with the clauses in the players contracts the amount the contracts cost would go down anyway).
It is at first admirable that in a league where so few teams are self sustainable (with the few who are being the champions league clubs), we are are to keep ourselves running in a German type way. Eventually, all clubs will have to do this as the debts that Bolton, Wigan, Blackburn, Fulham and other similar clubs have are just not safe (everyone of them OVER 50 million in debt).
We can though, clearly, still push a little harder. This has been alluded to by independent assessments of clubs finances by journalists. We could with bit of imagination still go for it a bit more, with January being an example.
Id also agree with those wo say the deal to take up the option on Bednar was foolish when it was obvious to us we were not going to get a bidder. It was a waste of nearly 1 million and for a club like us that could have been a good players wages for the year.