'We have made nearly £70m net in transfers and 95pc of it has gone to pay off misdemeanours' - City chief puts his faith in Farke
PUBLISHED: 07:19 08 August 2019 | UPDATED: 07:20 08 August 2019
Daniel Farke is so good he can manage Liverpool one day, as he tries to plot their downfall in Norwich City's Premier League opener.
Farke takes his newly-promoted squad to the Champions League winners on Friday night in front of a global television audience to launch the top-flight campaign.
Sporting director Stuart Webber recruited the German, and the City chief is backing Farke to hold his own despite working with limited resources compared to all his Premier League rivals.
"Daniel has the potential to be a world class coach and he has the potential to one day be stood in Liverpool's dugout, managing them, not managing against them," he said. "When I was appointed here or when I appointed Daniel, or David (Wagner) at Huddersfield, it was very clear - this is what this club is. If you want a club that is going to spend £40m on a striker then don't come.
"We are not saying to Daniel, 'You must keep us up.' He should be protected in his job, not be the fall guy.
"We will either be successful or we will fail but we are not going to fail by doing a popularity contest of 'we must spend £40m because there is £40m to spend'. Our fans are educated enough to know we have spent a lot of money before and it didn't work. They know the money isn't being siphoned off into owners' pockets.
"Every penny stays within the club and they know we will spend it wisely so that they have a better club at the end of it."
City yesterday confirmed the loan signing of Ibrahim Amadou, in line with Webber's summer transfer strategy of targeted additions within clear financial constraints.
"The biggest problem in my time here is that we have made nearly £70m net in transfers and 95pc of it has gone to pay off misdemeanours, not improving things," he said, speaking to the Times. "If we get to next summer and decide to sell a player for a considerable sum of money then, whatever league we are in, that money can be reinvested.
"We could have sold Max Aarons for a considerable sum to then help us build the squad, but we spoke about keeping this group together because we still think there is a lot of growth.
"Whether they are good enough to stay in the Premier League we are going to find out. We don't know. But we could spend £100m and not know."