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Latest News

Wage budget for City

Adam Bell  Friday, April 20, 2001  13:43 GMT


Jim Jefferies has been told that his wages budget for next season will be £5million, assuming as expected they are relegated. And the big question for Jefferies to answer is whether or not he tries to keep Benito Carbone. His reported £40,000-a-week salary equates to £2million a year, leaving him with around £60,000 a week for the rest of the squad. Chelsea have denied that they are ready to make a bid in the summer for the Italian, whilst Carbone himself said before leaving the training ground yesterday: "I don't know anything about a move to Chelsea". As was the case with Middlesbrough last month, it is thought that City would not demand a fee for Carbone, leaving him to tie up any deal with any interested clubs, who presumably would have to match his current deal to tempt him away. As for next season's budget, chairman Geoffrey Richmond said: "Jim has to weigh up whether or not he'd be able to use the resources better if Beni left or stayed. "He's got a budget of £5million for the players wages, and the best example I can give is along the lines of if you were doing the weekly shopping and you had £100 to spend. If you decided to spend £25 on caviar it wouldn't leave you much for the rest of your groceries, so it's all a matter of whether you like caviar. "I've been greedy with over-ambition, and I admit that if I had my time over again I'd be much more prudent, but I'm just guilty of trying to keep the club in the Premiership."
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