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Peter Coates: 'Stoke City can compete with elite clubs'

Stoke City chairman Peter Coates believes that the financial power of the Premier League allows the club to compete with the world's biggest clubs.

Stoke City chairman Peter Coates has claimed that the club have the financial power to compete with the world's biggest clubs.

After securing a top-half finish last season, Mark Hughes has improved his squad once again with the likes of Ibrahim Afellay and Xherdan Shaqiri, who joined the Potters from Inter Milan for a club-record fee earlier this month.

Clubs that avoid relegation will receive a financial boost when a record TV deal kicks in next year, and Coates believes that the future is bright for Stoke.

"If Stoke City can stay up we get, roughly, an extra £40m - that's a huge chunk of money," he told BBC Radio Stoke.

"We've probably got a larger budget than most teams in Europe and we can compete with the world's top teams.

"If we can get the best players - they tend to follow the money - it shows you what a powerful league it is. It's a phenomena."

Stoke take on Norwich City at Carrow Road on Saturday.

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Callum Mulvihill
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1Leeds UnitedLeeds26158348192953
2Burnley26141023192252
3Sheffield UnitedSheff Utd26166436171952
4Sunderland26148439221750
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6West Bromwich AlbionWest Brom26913432211140
7Blackburn RoversBlackburn2511682823539
8Watford26115103637-138
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11Norwich CityNorwich269984337636
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18Derby CountyDerby2676133135-427
19Stoke CityStoke2669112432-827
20Luton TownLuton2674152744-1725
21Cardiff CityCardiff2659122641-1524
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23Hull City2658132536-1123
24Plymouth ArgylePlymouth2649132554-2921


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