Dr Abdulla Al-Humaidi admits Ebbsfleet United’s big spending since he bought the club has been a mistake, report Kent Online.
Fleet’s Kuwaiti owner wants at least four players off the wage bill after describing Daryl McMahon’s playing budget as “excessive”. Dr Al-Humaidi says a poor start to the season has prompted him to bring forward major financial changes which were due to be made next summer.
And he insists the club must start to live within its means rather than depending on money transfers from the Middle East.
Dr Al-Humaidi said: “Comparing our budget to most of the teams at our level, ours is very excessive and unsustainable.”
Read more: www.kentonline.co.uk