Hamilton’s new owners actually don’t have any cash to speak of. They’re decent operators but raise investment rather than just pump it in.
I’m told that their wage bill is astronomical given where they are (2.4m a year – which is crazy even if it’s close up that) so they are preparing for some short term severe pain.
Players who they don’t really want to lose, and even players who they might get a modest fee in the usual course of things simply have to go to get them off the wage bill.
Whether that means Smith is on his way back is another question but it seems very plausible.
Lincoln City have just released their accounts. Their wage bill is £7.5 million !! Which is 89% of revenue reported as £8.2 mill. Now that is sobering and only in Div 1.
