"I was disappointed but it's not the end of the world. It would have been nice to have money to spend but it's just another one of those things in my managerial career where I have to show what I can do.
"I look at the players I've brought in, Bothroyd and Dyer, and if I can get three or four more players of that quality, I'll be more than happy. I'm not despondent. I'd love money, every manager wants money. But it's not all doom and gloom."
That's what so many of us like about Warnock - he's ever upeat and a can-do manager. But this has surely got to be yet another sign if any more were needed that the current Board has got to go. They have hiked prices so far that many fans cannot afford to go anymore and driven out the one sane member of the Board that actually seemed to understand what the club was about.
Last time I spoke to Mr Warnock it was clear that he was in no illusions about the scale of the task ahead, and now he's been hamstrung financially, by some of the richest men in the world, his task has been made ever harder. Anyone would think they were trying to set him up to fail so they could bring in an Italian manager early in the season.