Leeds, Forest and Derby County set plans to spend in January

Three of the Championship's largest clubs have all hinted that they will look to spend money in January, despite not being entitled to any parachute payments.

Spending money in the Championship has simply become a dark-art, especially for sides with no parachute payments. Despite this, it hasn't put off three of the leagues largest sides, all of which are looking for the meal-ticket of promotion - but is it all just a gamble?

Leeds United have been reasonably well run under Ken Bates from a financial point of view. Despite not splashing the cash in the past, Leeds were one of a handful of clubs making a profit under his regime. Truth be told, it was evident to see looking at the first-team squad and the way they went about transfer windows, that the profit was very much down to under-nourishing the football club.  They sold players for big fees and very rarely saw anyone come in with a similar price tag, losing your best and brightest for good money and not replacing them is unacceptable for any fan and rightly so.

When GFH Capital came to being full-owners of Leeds United there was definitely a different approach to that of the former owner Ken Bates. These are people that are looking to put some care back into Leeds and get them fighting at the right end of the table consistently, and further onto the Premier League.

These have acknowledged the regulations and are working around staying very competitive within the restrictions set by the Football League to protect more football clubs becoming extinct. 

Leeds fans have been buoyed by news of possible investment over the past couple of weeks, and McDermott has admitted to already making plans to bring players in during the next transfer window.

''I've got a couple of ideas i'd like to put to the board and the time will obviously be in January, so that will be then''

Two more clubs in the Championship looking to put some investment in their promotion bids in January are East Midlands rivals Nottingham Forest and Derby County.

Derby County chairman Andrew Appleby responded to the BBC, when questioned if there would be money to spend in January, commenting:

'Yes, of course and you know, we feel like there has always been money but you know, we have to have the right plan and really feel like we can challenge.

'As results are going now, I really feel like we will be there in January, and of course we have to continue to win and feel like we have a chance to contend.

'Certainly at this point, we do feel that'

So the exciting news for Derby fans is that their usually quite tight grip on finances could be loosened if they're still in the play-off picture in January.

And finally, the team possibly gearing up for the biggest winter in the division is Nottingham Forest.

Their ownership seems to have taken a very relaxed view to the financial fair play regulations and seemingly will stop at nothing in order to get the Reds promoted at the end of the season.

They have been heavily linked with Wolverhampton Wanderers winger Bakary Sako and have been reported to have previously had a £3.5 million bid rejected. The player is currently earning £25,000-a-week at Wolves and it's hard to envisage him taking a pay-cut to join the club, so would be a costly addition in the face of the current regulations.

Another player linked to the club in the past week was Jordan Rhodes, it was understood that Nottingham Forest are preparing a bid of £8 million for the Blackburn Rovers striker, again another transfer that would no-doubt see them come under the scrutiny of the Football League.

In terms of what could, and will happen in January could end up being completely different to what's rumoured. What is for sure is that all three clubs, despite not being entitled to parachute payments are seemingly throwing caution to the wind to strengthen their promotion push. 

image: © mapperley_jas

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