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Chairman's Notes: Preston NE

7 December 2015

Chairman Mike Garlick is feeling all festive!

Hello one and all and welcome back to for today’s first Turf Moor derby of the season.

Hopefully, following on from our memorable win at Ewood Park in October, we can take another local scalp to be undisputed top dogs in the county.

A very warm welcome to everyone from Preston North End, especially the Board of Directors, who seem to have their club on a sound financial footing ahead and are moving in the right direction, which is good to see.

I’m sure, as all derby games go, it will be a tight game, but we have to be confident, as we’re such a tough side to beat and have a knack of finding goals at crucial times.

Never was that more evident than at Cardiff City last weekend, when a ‘Great Escape’ salvaged a point when all looked lost.

I’ve since seen the ‘Comms Cam’ feature on Clarets Player and the reaction of commentary team, and believe me that was replicated in the Directors’ Box when the equaliser went in three minutes into stoppage time!

We really shouldn’t be surprised though… Under Sean, we are a tough nut to crack and that’s now just one defeat away from home in 30 games at Championship level. Quite a stat!

Another statistic which reached us this week was the annual payments paid to agents.

Each year, compliant with FA regulations, clubs are required to make this figure public and our outgoings of £1,363,860.74, paid out between 1st October, 2014 and 30th September, 2015 may, at first glance, seem substantial.

However, given context I think it again shows how financially prudent we are. This was, remember, during our second season in the Premier League and when set alongside all other top-flight clubs, it is comfortably the least spent by anyone.

In addition, three existing Championship clubs; Cardiff City, Fulham and Nottingham Forrest, along with fellow relegated clubs Hull City and Queens Park Rangers, all spent more.

We continue to be extremely meticulous and targeted in our spending, and for just one example of where that has backfired spectacularly, we only need to look a few miles down the road to the perilous situation Bolton Wanderers currently find themselves in.

Football in the modern era is littered with clubs who have pushed the boat out too far from the shore and find themselves in choppy waters.

We are sailing along quite nicely in still waters with the wind in our sails, confident of reaching our ultimate destination.

Mike

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