32m Reasons To Be Believe Forest Are Moving Forwards
Although the £32m profit recently announced by the club was mainly down to the owner writing off a historic loan, it is clear that financially the club is going in the right direction.
Revenue is up and operating loss is down. With the wage bill likely to be reduced further when some of the deadwood is sold in the summer, and hopefully improved season ticket sales and sponsorship deals, things are looking quite positive going forward off the pitch.
In terms of Financial Fair Play too we are in a very healthy decision to spend in the summer, especially if we consider that the £15m we received for Assombalonga wasn`t included in the accounts. The records are made up until May with the Boro sale taking place in July.
Combining this healthy financial position, with a good end of the season on the pitch under Karanka, and it really does look promising. If we get the summer recruitment right, there is a big prospect of a challenge for a playoff spot.
I know that feels a long way off considering we are unlikely even to get a top half finish this campaign, but I think we should be very optimistic about the situation we find ourselves. With ten games to go, we are in a safe position in the table, and the manager will have his chance to assess the players between now and the end of the season.
Once he has had a good look at the squad, he can then make the key decisions over who to keep and who to sell very early on in the summer. If we can then offload those players swiftly, and bring in a few quality additions, even before preseason, then our team could have a perfect preparation for next campaign.
In terms of signings, it looks as though our first transfer window under Karanka`s was a successful one going by the performances of those who joined in January. Of course, we will see more evidence in the coming weeks and months, but I am confident that we have made some good decisions in the market. Hopefully then, that can translate into the summer as well, and help us build a squad capable of better things. The future is certainly looking bright at the moment.