Shrewsbury boss Gareth Ainsworth discusses Tom Bloxham's transfer fee
The majority of the Tom Bloxham transfer fee will go back into the day-to-day running of Shrewsbury Town, Gareth Ainsworth has revealed.
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Salop are working hard to bolster their squad ahead of the window shutting on Monday evening - and it is understood they are looking at the loan market to make the additions they need.
The head coach has confirmed he does not believe the club have the money to buy players this month - despite talented youngster Bloxham being sold to Blackpool earlier in the window for an undisclosed fee.
He admitted some of the cash has gone into the playing budget, but stressed a big slice of the Bloxham money will be used in other areas of the club.
“I don’t think we’ll be buying players," he said. "I don’t think we’ve got money to do that.
"I think a lot of the money’s gone into the running of the club because you know, that’s football sometimes.
"There’s an amount that’s come into the budget definitely that will add to wages.
"When you take a loan player, you've got to pay a percentage of their wages or sometimes all their wages. That mounts up.
"You’re probably better speaking to other people about budgets and money than me, but yeah it definitely bolstered what we had."
In the remaining time in the transfer window, Ainsworth is targeting players who have got League One 'know-how'.
“Loans will be the way we go," he continued. "The two permanents we’ve got from the non-league Ricardo (Dinanga) and Callum (Stewart). They were very nominal fees.
"They’ve got a chance in the football league. They’ve not got 200 games under their belt with five championship-winning seasons, they’re both just trying to cut their teeth in professional football.
"They’re great but it’s those experienced ones, the ones who’ve got the know-how in the league and maybe the league above, those are the ones I’m trying to target.
"We won’t be putting hundreds of thousands of pounds into a bid to bring a player here that just can’t happen here, it definitely can happen in a lot of other clubs in league one.
“We’re proud to say we’ve got no debt. The running of the club is handled really well, and we’ll do our best to stay in this league.”