Where did you read this then? Because their official statement said they wanted to build on the previous seasons promotion? Bignot had taken them from 8th to 14th and had upset the dressing room.
He told key players from the previous season that they were no longer wanted and other players were refusing to sign new deals until they knew if he was still going to be there for the next season. So in other words a dressing room revolt rather than a cost cutting exercise.
You’ve got more excuses than Slade fair play.