Toon transfer budget set for surprise boost as new documents reveal telling move?

Some very interesting documents have emerged from Companies House today, revealing an intriguing move made by our new owners as we approach five weeks of the summer transfer window.

Documents reveal that we've asked for cash due from the Premier League for the 2022/23 season to be paid up front after signing off the right to money to HSBC, in return for a credit facility.

In summary, it simply means we have asked to receive our Premier League money now in order to (potentially) spend more this summer. This could be a shrewd move which would make plenty of sense while we wait for a new lucrative sponsor (expected next summer when the FUN88 deal expires) to fund transfers in the future.

After struggling to land our top targets in attack over the past month and seemingly underestimating how expensive such players would be, it would make sense that we are looking to increase our budget.

Without the financial backing of a new sponsor - so far the only commercial boost we've received is from Noon - it was always going to be difficult to work within the restrictions of FFP while also dramatically improving the squad.

So, hopefully this means our transfer activity will soon ramp up and we can ideally get in at least another couple of attacking players to reinforce our front line and settle the nerves of some worried supporters.