Newport County close on new signing, says Terry Butcher
Manager Terry Butcher says Newport County are close to signing their 11th player of the summer.
Butcher has overseen wholesale changes at Rodney Parade since succeeding Justin Edinburgh in April.
The former England captain wants to add a central midfielder and a centre half to his squad ahead of the League Two opener at Cambridge United on 8 August.
"We're reasonably close on one but also got one or two irons in the fire as well on loan," Butcher said.
Only five senior players from last season remain following the departure of 15 players, and Butcher has made 10 new signings during the close season.
Butcher has less money at his disposal than predecessor Edinburgh, after the wage bill was reduced from £1.4 million to £850,000.
The County boss admits it is a "cause for concern" former chairman Les Scadding is leaving, with the Euro Millions lottery winner handing control to the Newport County Supporters Trust.
The Supporters Trust must raise between £300,000 and £500,000 to pay director debts in order to take control of the club before starting to pay for the running of the club
Funds will be raised by a community share offer but Butcher is worried that the club will not have a wealthy benefactor.
"This club needs to stabilise and then we can move forward, slow but sure but it's got to be sure," Butcher added.
"The club's got to stand on its own two feet and if we can do that then we've shown we can bring good players in.
"The crowd want to see good football and so do I."
County conclude their pre-season campaign at Weston-super-Mare on Tuesday after claiming an encouraging draw in a friendly against Championship side Queens Park Rangers.
Butcher is happy with how the new look squad is coming together ahead of the new League Two season.
He said: "The players we've brought in have gelled really well with the ones that were already here."