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Blues on target to break even
CHAIRMAN Don Woodward said Wanderers are on track to break even on their budget this season.
The Wycombe Wanderers Trust inherited a financial mess when they took over control of the club last season, with Blues on the verge of going into administration.
Woodward said the club had managed to boost its income streams in the year since the Trust takeover - but he added Wanderers won't be spending money they can't afford.
He said: "Finances have taken a turn for the better. The whole rationale for the budget and giving Gareth [Ainsworth, manager] a little less to play with this year means we're heading towards our break even target for the year.
"We've had season ticket income, we've had new sponsors and we've seen a big improvement in corporate spending. We've sold more boxes and more sponsorship around the ground. We've seen a lot of returning sponsors' income, which has boosted us.
"There was a bit of a backlog of creditors and our aim is we shouldn't get back to that situation.
"We've got a squad that's affordable. It's within acceptable terms. That's where we are, as opposed to we've been pushing treacle uphill for most of last year whilst still running down contracts.
"This season we don't have that situation. We've set out what we are going to spend."
The combined £450,000 received from the sale of Charles Dunne and the sell-on clause in the deal that took Matt Phillips to Blackpool has also enabled the club to pay off some of its outstanding debts ahead of schedule.
And Woodward said he wants to make some subtle changes to Adams Park to improve things for supporters when the time is right.
Many of the facilities were built when Wanderers were still a non league club and Woodward wants to bring things up to scratch.
He said: "I'd like to put some more toilets in. When we get seven or eight thousand - which we get occasionally, like the Port Vale game last season, or a good Wasps game - we are struggling a bit for kitchen space, we're struggling for toilet space, we're struggling with the layout of the kiosks.
"The ticket office design was designed for a ground that was non league. We didn't have a capacity for 10,000. If you try to buy a ticket or pick up a pre-arranged ticket, there's a bit of a re-think there."
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