Coventry City FC

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• Founded:1883
• Manager:Aidy Boothroyd

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Coleman cautious over cash

19 May 2009 - 14:11:46

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Coventry City manager Chris Coleman has warned that he will not spend massive amounts of cash this summer to try and mount a promotion challenge.

Coleman is wary of following the lead of several other former Premier League clubs who have run into financial trouble in recent times.

He told the Evening Telegraph: "It is the easiest thing in the world to sign a cheque for £2million, but you have to make sure you get it right, because in our league it can be disastrous if you don't.

"As a manager you have to understand the business side of things. You can't just knock on the chairman's door and say 'I have seen a player who will cost us £3million quid'.

"'He's 20 and he's going to score 20 goals and in two years we'll sell him for £10million, by which time we will be ten places higher'.

"If you could guarantee that, then that's good business, but it doesn't often happen like that."