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Cherries: Our finances are fine says Mitchell
EDDIE Mitchell has moved swiftly to reassure supporters over Cherries’ financial position following one of the most testing periods of his chairmanship.
Mitchell, who today celebrates his 59th birthday, this week saw no fewer than 10 members of staff leave the club, with the majority made redundant.
The departures prompted some suggestions that the club could be heading for financial meltdown, claims Mitchell has steadfastly rejected.
“It has certainly not been my best week,” said Mitchell. “When it comes to dealing with human beings and laying people off, it is tough to make those decisions and very hard to sit and explain the situation to people.
“I felt the club needed to streamline to be more effective off the field. It was probably my fault that we found too much fat on the meat and I realised we needed to trim it back. We have to look towards making the club sustainable for many years to come and it is my job to do that.
“The financial situation at the club is fine. The support and sponsorship for the club is where it was three or six months ago. The fact of the matter is that, as a board, we have a responsibility to keep the club in check and, in doing so, sometimes it means re-adjusting. It is not just personnel and there are other things we need to look at and re-address. There are lots of things we need to consider going forward.
“In future, we will look more carefully at what we commit to. I wouldn’t say there is any desperate need to look for further cuts in personnel. But there are always budgets to look at and we will continue to do that.
“I will always meet my responsibilities and, if there are changes needed, I won’t shy away from them. In the future, I am sure there will be tough decisions to be made on various things but that is my job and has been for three-and-a-half years. To date, I have fulfilled that role.”
Mitchell, who insisted promotion was still very much the aim, has overseen a remarkable transformation in the club’s fortunes since taking a controlling interest in June 2009.
Asked whether the streamlining would impact on manager Eddie Howe’s squad, Mitchell replied: “We give Eddie a budget and expect him to work within it. At the moment, I would say we are pretty much doing that.
“But if there is money to be saved on the pitch then we would look to save it. We know we have got a decent-sized squad and have got to work with that squad to get the best results.
“You can never account for injuries and various other things so, at this moment in time, we are relatively comfortable. We are working with Eddie to get it right and to continue our progress up the league.
“Promotion is very much my aim and I am sure it is Eddie’s as well. As a supporter and chairman of the club, I want to go up and I want to go up before the play-offs – end of story.”