Today in the big spending world of Chelsea and Manchester United, who throw millions away after glory, it’s nice to recall a bygone era, when every penny was counted.
Major Frank Buckley would certainly put today’s mangers to shame; I love the fact that he had a sign on the team bus offering his players for sale. This is from ‘Soccer’ by Denzil Batchelor published in 1954:-
“Major Frank Buckley, this  remarkable manager had began as a £3 a week player and had won his  international cap while on the books of Derby County. He came to  Wolverhampton Wanderers as manager in 1927, to find the club facing an  overdraft. He stayed at Molineux for eighteen years….and when he left  had the satisfaction of knowing that there was a £50,000 credit in the  bank.
He did more than achieve a profit. His plan, carried out to the  last particular, was to make stars and sell them. He sold stars during  his stay at Wovlerhampton, to the tune of £160,000 – it was said that  when his team traveled to away matches by bus there was a placard on the  windows: “Stop me and Buy One.” Buckley built new stands with the same  money he made, rather than buy new stars. Between 1935 and 1939 he took  over £110,000 in transfer fees and only spent £42,000 on new stock.”