Larkin leaves

I heard today that although Sammy wanted to sign him, the board told him the wage budget wouldn't allow it and Larkin has had to leave. Is this true? If it is it puts an end to this new young striker being talked of untill the squad is trimmed.
Having a full budget this early is dangerous. What if we need to dip in to the loan market for a striker or an emergency keeper and we can't afford his wages?
Having a full budget this early is dangerous. What if we need to dip in to the loan market for a striker or an emergency keeper and we can't afford his wages?