THE decision to grant planning permission to redevelop Partick Thistle's defunct South terrace will wipe out Jags' £1.4million debt and interest payments believed to be around £100,000 per year.

But following Glasgow City Council's decision, Thistle chairman Allan Cowan has revealed boss Dick Campbell will have to wait until the summer for any cash boost.

The Jags' supremo said: "It could take a few months for things to be settled and a new deal concluded with the potential developers.

"So from that point of view, it will have no impact on what Dick Campbell does in the January transfer window.

"However, when things are concluded on the business side, we will sit down and decide just what can be done to help Dick strengthen the side. But it would look like any benefit in that respect will not be until the summer."

The Firhill chief added: "It is also, however, vital that we press on with our plans for a training ground to be built at Twechar.

"Especially during the inclement weather recently, that need has been highlighted.

"In that respect any redevelopment would also, I would hope, have a very positive impact on these plans."

However, Cowan has admitted that he spent Sunday night locked in talks with Campbell over just how to strengthen the Jags' promotion drive.

The Thistle chairman continued: "I spent several hours with Dick going over who he wants to bring in and obviously the flip side of that is that we will have to move players out to strengthen.

"What I can say is that Dick has drawn up a list of targets and has been busy behind the scenes.

"Dick is a wily sort and he does not like to reveal his hand until he needs to. Nothing can happen until January in any case, but the foundations are being put in place."

But while the news that Campbell's January war chest won't be strengthened may be a short term disappointment, Cowan is hopeful that some extra revenue may come from another source.

The Jags' chairman said: "We face a tough Scottish Cup third round tie up at Ross County.

"But if we can win that then fingers crossed, we can land a plum tie, which may possibly include TV income.

"In that respect, if we were to get lucky, funds would be made readily available to Dick as soon as possible."

So just what kind of return would a passage past County and a fourth round glamour draw actually trigger?

The bottom line TV fee is around £85,000 which, with a share of the gate receipts and sponsors money swelling it, means a six-figure sum is guaranteed.

Obviously, an Old Firm draw at either Parkhead or Ibrox would substantially boost that.

For example, an Ibrox draw could yield as much as £280,000 from a crowd of around 35,000.

In that respect, there is no doubt what must be at the top of Dick Campbell's New Year wish list... bring on the big guns.