Newell hoping for cash boost
By Tom Adams
Last Updated: 01/01/70 1:00am
Mike Newell hopes to be given money to spend as Luton's summer exodus continues.
Luton Town boss Mike Newell says he hopes to be given money to spend as The Hatters' summer exodus continues.
After losing star striker Steve Howard to Derby County for £1 million the Championship outfit have also agreed to sell club captain Kevin Nicholls to Leeds United for £700,000, whilst Trinidad and Tobago international Carlos Edwards is keen on a move to arch-rivals Watford.
Kenilworth Road has only seen the arrival of two free transfers in the guise of Richard Langley and Lewis Emanuel so far this summer, and Newell will have to invest in his squad if he is to emulate last season's top ten finish.
The Hatters boss admits he has been given no indication what the transfer fees at his disposal will be, although having also sold Curtis Davies for £3 million last season and spent very little in the last 12 months, Newell is hoping to be given cash to fund new purchases - with one unnamed player already in the pipeline.
"Hopefully I will be getting some of this money to bring in fresh faces," Newell told the club's official website.
"I haven't been told how much money is available but we have got an offer in for a player so obviously there is some money available.
"Considering what I have spent over the past few months, I will be wondering how much I will get.
"I am not going to be asking for millions of pounds because that is not the way you do business, but I will be asking for an amount."
The departures of both Nicholls and Howard, key figures in The Hatters' rise up the divisions over the past five seasons, have been a blow to Newell's pre-season plans, but the former Hartlepool boss said he was left with no choice but to sell with both players keen to leave the Bedfordshire side.
"We had no choice to be fair, we had to do the best for the club," Newell told the club's official website.
"With a year left on his contract, someone [Howard] who is 30 years of age and to sell him for £1 million is good business.
"At the end of the day Steve wanted to go, you can never hold onto players who want to leave the club.
"Nico was the same. He wanted to go as well.
"As far as I am aware he is speaking with Leeds United, so there is not a lot we can do if these players want to leave the club.
"Both players were great servants to the club, but we have to move on."