Stevenage investment helps club compete in transfer market

Posted:
13:18 January 9, 2022



Phil Wallace believes new investments at the end of 2021 have allowed Stevenage to compete “for any League Two player we want”.

Speaking in his program notes ahead of the 3-1 win over Walsall, Boro chairman said the financial worries of 2020 were now behind them and although he gave no indication of the source of the new funds. , he is convinced that the club is in a good position financially for the future.

He said: “We are not short of funds. We were in a very, very bad financial situation in 2020, but we got additional funding at the end of 2021, which means we can strengthen the budget.

“And now, within reason, [we can] compete for any League Two player we want, while making sure to maintain the paramount key element of keeping the club solvent for fans of future generations to enjoy. “


Ed Upson is one of five new signings made by Stevenage already in January.
– Credit: DAVID LOVEDAY / TGS PHOTO

Manager Paul Tisdale didn’t hesitate to create a new-look squad with five new signings already in January, as well as the addition of former Forest Green Rovers interim manager Jimmy Ball as the coach of the first team.

Wallace said: “It’s great to start 2022 with a stronger squad. Six days and five new players have signed, it’s a good deal.

“It was expensive, but we have taken an aggressive stance to bring in the players Paul wants.

“We know we don’t score enough goals and we are working hard every day to add that little extra to our squad.

“It’s the start of the window, often these types of players don’t become available until the end so, as difficult as it may be, we have to be patient.

“Paul is delighted with the signings we’ve made and the short time in which we’ve closed them, but we’re not done yet.

“Paul’s goal is to form a team that makes it into the top 10 of 23 ‘second half’ games on the league schedule.

“Once we achieve that goal, not only will we be safe, but we can start using this platform this summer to build a winning team of promotions for next season.”

The club also announced CEO Alex Tunbridge, who will leave the club in April after three and a half years.