Preston Nearing Crisis
Preston North End chairman
Lee Brooker today has announced that the club are in financial difficulty. The announcement comes after the board held their monthly financial update. This is the statement published by Lee Brooker on the clubs website.
Lee Brooker : "I am deeply disappointed to announce that Preston North End are living far beyond our means. Our expenditure is far too high for our income and I accept that it is my fault for giving manager Gary Neville the funds to challenge for promotion.
We need any income available to have a prosperous future. I am expecting Gary to cut down the wage bill and he must now achieve promotion, we need extra income. If he and the lads cannot achieve that this season, then we may be unfortunately forced to change personal as he is also one of the top earners at the club"
So Lee Brooker has given Gary Neville an ultimatum, promotion or be axed. Nick Collins,Sky Sports.