Bournemouth boss Lee Bradbury says he is not putting the League One club at financial risk with his transfer activities. Bradbury spent a club-record fee on Crawley striker Matt Tubbs, reportedly spending between £500,000-£800,000, then added another six players during the transfer window.
"I've made some quality additions and I'm putting together a squad that could be better than the one I had before," he added.
Bournemouth have been plagued by financial problems in the past but Bradbury says there is no danger of a repeat.
He continued: "We have spent money but we have spent it wisely and have brought in two very good players this week for what we have paid.
"I take a lot of pride in signing good players and good people for this football club and it is not something I take lightly.
"That is why it has taken so long to get our targets. We put in good bids and got knocked back and it takes time, but I was determined to get the players I wanted and we have done that now." "We are still in the black from players we sold last year," Bradbury told BBC Radio Solent.