With various press reports suggesting that the club has simply run out of money after the spending spree of the last couple of years, the chairman seems to think it is necessary to boast about the club’s current position in order to reassure supporters (and investors, don’t forget that all important share price) that there are no problems.
He told The Journal: "I have heard the rumours that there's no money left to sign any players. But those people who are saying we need to sell players like Kieron Dyer before we can buy are simply wrong. It's just not true.
"The days are gone when
"As far as our business is concerned, I don't think people understand how financially fit this club is.
"We have a stadium which is finished, a squad which will only get better and more buying power than either Arsenal or
"We have brought in Jonathan Woodgate, Lee Bowyer and Darren Ambrose in the last six months and that's more than many clubs I could mention."