Chairman Tony Stewart today revealed the “good housekeeping” which will allow Rotherham United to compete in the Championship.
Stewart, who has already set his sights on the Premier League, expects the club to break their transfer record again as they prepare to kick off life in the second tier of English football at Derby County on August 9.
And he said the Millers are in position to spend because of the efficient way in which they are run.
“This year was probably the cleanest, most efficient ending to a season I have known,” he said.
“We have’t got people on long-term contracts which the club has to keep paying and is a drain on finances.
“We’re as efficient as we could be - which has obviously freed up cash, along with additional money coming in from the Championship, which is considerable when compared to the money in League One and League Two.
“So we can make a further investment into more players who will complement what we have already got and make it a team that can compete at Championship level.”
The Millers secured back-to-back promotions by winning the League One Play-off Final at Wembley after a penalty shoot-out against Leyton Orient.
They have acted fast since then and have already snapped up six players, including record signing centre-forward Jordan Bowery for an undisclosed fee from Aston Villa.
Stewart confirmed: “Rotherham could be breaking their transfer record again if one of the bids already made is accepted.
“It’s about good housekeeping. What you don’t want is a situation where you have players who aren’t going to be actively playing a part but you are paying them a contract sum.
“There are bids in for more players. We’ve acted soon.
“We were 20 days later than the rest of the clubs because of the play-offs. Steve (manager Evans) likes to prepare early and he prepares well.
“There was a lot of activity going on even before the play-offs. Preparation has gone well.
The Millers have confirmed their interest in Millwall centre-half Mark Beevers and Icelandic left-winger Jóhann Berg Guðmundsson who is out of contract at Dutch club AZ Alkmaar, while fans would love to see the return of Newcastle right-back James Tavernier who starred on loan last season.