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Listen to the press conference. Both parts. It is clear that he is FULLY aware of the playing budget and how it relates to other teams in The Championship-including the TEN clubs on parachute payments. That is more of a hindrance than FFP. As for this 'shoestring budget', perhaps you'd like to...

I liked his response to The Scum's Mike Donovan when asked how he thought England would fare at the World Cup: "Is this press conference about England or a press conference about this appointment"?