Portsmouth boss ready to spend on Championship midfielder after financial windfall from Michael Jacobs sale to Ipswich
and live on Freeview channel 276
The impending transfer of Michael Jacobs to Ipswich will provide the Blues’ head coach with a timely financial windfall.
So far Pompey have spent just £15,000 on Liam Vincent this summer, with their nine other new signings being free transfers and loans.
Advertisement
Hide AdAdvertisement
Hide AdIt is understood Cowley has identified a Championship midfielder as his next recruit – in addition to free agent Louis Thompson.
However, it’s a move which will be financially challenging.
And Cowley believes Jacobs’ departure for the Tractor Boys will grant him greater muscle to ensure it happens.
He told The News: ‘It frees up finances and the board are brilliant, we know they will always give it back for us to use for transfer fees and salaries.
‘Michael was one of our highest earners and will also receive a fee.
Advertisement
Hide AdAdvertisement
Hide Ad‘Absolutely, they will allow us to use that money from any deal.
‘You have got to remember the club haven’t sold players for quite a long while. They did brilliantly selling Jamal Lowe and Matt Clarke, but now the transfer kitty isn’t as big as it was.
‘We know what we’ve got, we are working our hardest to try to find value.
‘Apart from Liam, they have been free agents and loans and we are pleased with those, but we need a bit of money.
Advertisement
Hide AdAdvertisement
Hide Ad‘We are hopeful now and the Michael situation has helped as well. Hopefully that now gives us the money to do what I want to do here.
‘We’re hoping we can buy a player, there’s a certain player that I would like.’
Cowley’s desire for another midfielder has been heightened following Shaun Williams’ back injury.
He was unable to play in Saturday’s 1-0 win at Fleetwood after pulling out during the warm up.
Advertisement
Hide AdAdvertisement
Hide AdIt leaves the Blues with just one senior central midfielder – yet with the finances to potentially allow him to secure another soon.
Cowley added: ‘We have a choice to make.
‘I don’t think we wanted to be in the position we were in for the first game of the season, but we couldn’t just sign players who aren’t good enough.
‘So do we hold and wait?
‘We decided to do it this way because, from our experience, we think missing the start of the season without a full complement of players is the best way.’
A message from the Editor, Mark Waldron
The News has launched a subscription offer which gives you unlimited access to all of our Pompey coverage, starting at less than 14p a day.
You can subscribe here to get the latest news from Fratton Park - and to support our local team of expert Pompey writers.
Comment Guidelines
National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.