Stockport County boss James Gannon has been handed a major cash boost ahead of the club’s FA Cup First Round clash against Woking this weekend.
The Board of Directors has allocated a substantial additional resource to invest in the playing budget with immediate effect.
Chairman Richard Park said: “We will not be revealing the exact figure in public, simply because this could potentially weaken our position in any future negotiations with other clubs or players, but supporters can be assured that we have handed a significant additional sum to Jim Gannon to use as he deems appropriate.
“Stockport County is clearly moving forward and in a much stronger financial position this year, due to the stable management structure and financial controls we’ve introduced over the last two years. In addition to this, our FA Cup success this season has generated significant additional revenue. When these two factors are combined with the club’s aim to invest the maximum achievable amount in the playing budget, it is totally right and proper that the management team should be the direct beneficiaries.
“We will also consider additional increments to the budget if we are successful in progressing further in the FA Cup this season, but we hope this latest gesture will encourage even more people to come along and support the team this weekend.”
Manager James Gannon said: “I’m obviously pleased that the Board recognise the progress we’ve made as a team this season, and they’re entrusting me with a very healthy increase to what was already a competitive budget.
“The additional funds are available to me immediately, but I am not planning to go out and spend the money overnight – the existing squad have made great strides since we kicked off the campaign back in August and they deserve the opportunity to continue to build on the momentum they’ve created already.
“I’m also conscious that there is a limited amount of quality out there at the moment in the areas where I might have considered making additions. But the additional resource is very welcome and I’m sure we can use it wisely as the season continues.”
The players and staff have also been rewarded for their progress in the FA Cup this season with bonuses being awarded by the Board for reaching the First Round proper of the competition for the first time since 2012.
Park said: “We’re not gambling with the club’s finances, because we still intend to at least break even at the end of this season, but the extra revenue we’ve generated is being made available to the manager with immediate effect to build on the solid foundations and momentum already achieved so we can continue to be competitive for the rest of the season.”