Eddie Howe says he is ‘not comfortable’ with Bournemouth’s big-spending in January – eight years after the club were on the brink of extinction.
The Cherries were five minutes away from folding in 2008 due to huge debts, and have since embarked on a remarkable ascent through the Football League which saw them claim the Sky Bet Championship title last season.
In this month’s transfer window, Benik Afobe from Wolves joined for a fee believed to be around £10m before Lewis Grabban rejoined the club for a further £7m from Norwich.
Despite enjoying financial security at the Vitality Stadium, Howe insists he will not take their situation for granted and will ensure the club invests wisely.
“It is not a comfortable feeling for me as I have been right through the journey,” said Howe, who was in charge of the club when they were placed into administration for a second time and handed a transfer embargo.
“The year that we were embargoed we had 13 or 14 players to choose from, and to think in a few years’ time you would have been spending millions of pounds on players would not have seemed possible.
“I take every penny we spend very seriously as well as the responsibility which comes with that, and try to make good decisions for the football club, not just for now, but for the long term.
“It is important that we look beyond this season as it is not just about the here and now, and hopefully we get the major decisions right.”
Afobe had a couple of decent opportunities during Tuesday’s 3-1 defeat to West Ham but failed to get on the scoresheet. Howe, however, was quick to praise his new signing.
“I thought Benik played well,” he said. “It is very difficult when you come into a new club especially with no training time behind him, but he worked incredibly hard and held the ball up very well in the first half.”