Motherwell manager Stuart Kettlewell has stressed the club’s search for investment is part of a natural drive to improve.
Chairman Jim McMahon this week announced he would step down by the end of the season and claimed the club needed “significant investment” to retain a “competitive player budget”.
Interim chief executive Derek Weir is also aiming to make way for a permanent successor by the end of March.
The board will soon unveil plans for a fund-raising initiative which they have been working on for at least two years, but the fan-owned club had never previously publicly announced their intentions.
“I think we can dramatise things,” said Kettlewell, whose team host Rangers on Christmas Eve as they search for a first win in 15 matches.
“The clearest way I can put it is this isn’t a knee-jerk reaction. I can stress from my point of view, this is only being done to see if we can move forward.
“All the add-ons about significant investment, I have read one or two stories this week about other clubs, we are all trying to improve, we are all looking for that bit more money to strive forward. It’s no different at Motherwell Football Club. That will have been a mindset for several years at this club.”
McMahon’s comments will have come as a shock to many, especially as the club received what they described as a “transformational” £3.25million fee from Celtic for David Turnbull in 2020 along with other sizeable transfer income and a £3m Covid recovery loan from the Scottish Government.
Motherwell have spent significantly more on staff costs than comparable cinch Premiership clubs – about £6m more than Kilmarnock for example during the first six seasons under fan ownership. In the 2021-22 season, their staff costs were £5.2m compared to Killie’s £3.4m and the club made a loss of about £1m.
Kettlewell and Weir worked on reducing the player budget over the summer.
“We have been really prudent, we have tried to get things to what we feel is a manageable situation,” Kettlewell said.
“Within that there’s been a dramatic reduction in numbers of players. When you have 18 or whatever senior players and you have three, four, five injuries, it brings its challenges.
“But the most important part is – and I do go hard on this – that we have to move forward now. We can’t stumble across what’s next and guess what comes next. We need to be proactive as a football club.
“Quite clearly we see there has to be a slight change of direction, a slight change of thought process.
“Times change, the cost of living changes, so to be sitting with the same or a less budget as things stand can be a challenge, because football players cost more now, the running of the stadium, the pitch, the training facilities, the academy, all these things cost lots of money.
“We have to make sure we can run all these things but also that we can try and invest and get the best playing squad possible to us.
“So that proactive thinking sometimes has to be that you think outside your box and look for slightly different alternatives, whether there can be some sort of external investment that can nudge things along the way, whether there’s other people that want to help and be involved in the football club that can make us a better version.”
Kettlewell still has a “little bit of scope” in the January transfer window.
“That can alter, I can’t tell you exactly how many that’s going to be,” he added. “What it looks like we might be able to do is bring in one or potentially two. I am not in a position where we want to be losing players.”
Hurtig the hero after late goal sends Arsenal into Champions League quarters
Lina Hurtig's 89th minute winner ensured Arsenal progressed to the quarter-finals of the Women's Champions League after edging Juventus 1-0 on Thursday.
After being frustrated for large parts of the encounter, Hurtig bundled home from close range after Martina Lenzini's poor clearance to book the Gunners' place in the last eight.
Despite Arsenal dominating the early exchanges, it was Juventus who had the first sight of goal, though Eva Schatzer's effort was easy for Daphne van Domselaar to gather.
In a first half that saw just two shots on target, both coming from the visitors, Renee Slegers' substitutes proved to be the difference for Arsenal.
Slegers introduced Beth Mead, Stina Blackstenius and Hurtig late on, with the latter somehow putting Kim Little's cross over the bar from five yards out.
However, the Swede would atone for her earlier error, combining with fellow substitute Blackstenius to net against her former club and send them out of the competition with two group games remaining.
Meanwhile, in Group D, Barcelona edged closer to the quarter-finals of the competition with a convincing 4-1 victory over St. Polten at the Generali Arena.
The reigning champions are still three points behind Manchester City following their 2-1 win over Hammarby, and know a win against the Swedes next month will see them progress.
Kika Nazareth opened the scoring in the 20th minute after capitalising on a mistake by Kamila Dubcova, notching her second nine minutes later from close range.
Barca found themselves three goals up at the break when Vicky Lopez netted her first goal in the competition to put the result beyond doubt.
There was also a landmark moment for Alexia Putellas, who netted her 200th goal for the club with a well-taken effort into the far corner.
Valentina Madl took some of the shine off an otherwise impressive display from the visitors, who have now taken their tally to 20 goals from their four matches in the competition.
Guardiola agrees two-year contract extension with Man City
Pep Guardiola will be Manchester City manager for at least two more seasons after 2024-25, after he signed a two-year contract extension on Thursday.
The 53-year-old was coming to the end of his City deal, which was due to expire at the end of the current campaign, but he has opted to remain at the Etihad Stadium.
The deal itself will take Guardiola's tenure at the club to over a decade, making him City's longest-serving manager since Les McDowall in 1963.
There had been suggestions that he may leave at the end of the season following the announcement that director of football Txiki Begiristain was on his way out.
Guardiola was strongly linked with the England job after Gareth Southgate resigned in the wake of their Euro 2024 final defeat, but the Football Association appointed Thomas Tuchel last month.
“Manchester City means so much to me," Guardiola said. “This is my ninth season here; we have experienced so many amazing times together. I have a really special feeling for this football club.
“That is why I am so happy to be staying for another two more seasons.
“Thank you to everyone for continuing to trust and support me – The Owner, The Chairman Khaldoon, Ferran, Txiki, the players and, of course, the fans… everyone connected to Manchester City. It has always been an honour, a pleasure and a privilege to be here.
“I have said this many times before, but I have everything a manager could ever wish for, and I appreciate that so much.
“Hopefully, now we can add more trophies to the ones we have already won. That will be my focus.”
Having been appointed in 2016, Guardiola is by some distance Manchester City's most successful manager of all time, having won 18 major trophies during his time at the club.
That list includes their first-ever Champions League triumph in 2023 and six Premier League titles, including an unprecedented four on the spin.
He also boasts a 72.04% win percentage across all competitions, which is unsurprisingly the highest of any full-time City manager in history.
Shaw at the double as Man City progress in Champions League
Khadija Shaw scored twice as Manchester City beat Hammarby 2-1 to seal their place in the Women's Champions League quarter-finals.
Gareth Taylor's team entered Thursday's game with a perfect record in Group D, and their fourth win in as many European matches ensured they finished in the top two.
Shaw—the leading scorer in the Women's Super League this season with eight goals—put them ahead in the 31st minute, driving into the area after taking in Yui Hasegawa's pass before seeing her shot deflect into the top corner.
Shaw was booked for celebrating in front of the home fans despite appearing to have objects thrown at her from the stands, and Hammarby should have levelled when Julia Blakstad fired wide 10 minutes later.
The hosts did draw level three minutes into the second half as Ellen Wangerheim tapped home while City's Laura Blindkilde Brown was down appealing for a free-kick.
That parity was short-lived, though, as Shaw blasted into the top corner from 25 yards out, taking her overall tally for this season to 12 goals in all competitions.
In Group C, meanwhile, Bayern Munich lost their perfect record as they played out a 1-1 draw with Valerenga, boosting Arsenal's hopes of topping the pile.
Jovana Damnjanovic came off the bench to put Bayern ahead 15 minutes from time in Norway, but Elise Thorsnes headed home following an 88th-minute corner to snatch a point for the hosts.
Arsenal could now move within a point of Bayern when they face Juventus in Group C's other match later on Thursday.
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