Everybody needs to understand that although the EFL decision that was hanging over us all season is over we're playing catch up financiallyGarry Monk.
In the aftermath of a nine-point deduction by the EFL under Profitability and Sustainability regulations, Blues still need to be careful.
With that in mind, the Blues boss says it will be a 'slow process' before the Club can operate on 'an even keel' with other sides in the Championship.
"Everybody needs to understand that although the EFL decision that was hanging over us all season is over we're playing catch up financially," said Monk.
"The restrictions are still going to be there in terms of what we can do financially, and they actually run a lot deeper than what I initially understood at the start.
"But as I've said it all along, I'm happy with working with restrictions as long as the plans are really clear.
"The most important bit in all of this is the Club. We've all seen how big it is and the support that it has, and we now have a team that's willing to fight for it and show a good attitude.
"There's still a lot of work to do to get to an even keel with other clubs that aren't in the situation we've been in.”
"Of course, it's important that we strengthen the team, but it's not just a bed of roses,” continued Monk.
“There are a lot of restrictions still in place and it's important that we adhere to them and have a really clear strategy and plan. That's what I'm working with the Club on now.
“It's going to be a similar approach to the summer we just had and about finding value.
"It's going to be a slow process, but I’m fine with working with that type of process.
"And once that's (strategy and plan) really clear, that's when we’ll know what we can actually do moving through the transfer window.”