David Johnson wrote:
> In terms of spending, I don't think the comments you make about
> the money available from the Glazers stacks up. Despite having
> lost considerable expertise in the transfer market as a result
> of GIll going, Man Utd still managed to spend almost ?70
> million on Fellaini and Mata alone this season. Apparently
> additional offers for a range of players including Baines were
> turned down.
>
Moyes made a bid of ?28m for Fellaini AND Baines combined (which Everton rejected as "derisory and insulting" see
http://www.bbc.co.uk/sport/0/football/23753129)
A few weeks later they came back with ?27.5m for Fellaini alone. That was ?4m MORE than they needed to spend had they put in the offer earlier. The chase for Fabregas was always doomed to fail, and I doubt Gill would have made such a mistake.
However claiming spending ?60m+ on two players as proof of their being money is not entirely accurate. There would have been a transfer kitty of some sort, no matter who the manager, which was bolstered by an extra payment of around ?30m for television rights over and above what had been expected as a result of the new Sky/BT rights sales. However, the ?67m United spent this season is the most they have spent (although I imagine, adjusted for inflation, the ?57m they spent in 01/02 season was the highest)
In the summer, United will have to contend with a drop in income due to no Champions League revenue (tripple whammy of no prize money, no TV money and no gate receipts), possible drop in season ticket sales, possible drop in sponsorship revenues (if any sponsors set performance targets as part of their contracts). If the new man gets ?90m I'll be surprised.
Why wasn't Ferguson able to strengthen his midfield? All those stories about buying Sneijder, Hazard, de Rossi and others. Man Utd did make enquiries, yet baulked at the prices/wages, all the while being held to ransom by players already at the club like Ferdinand and Rooney.
Not buying someone and making do with 40 year olds was preferable to losing a major player to another team. That was ALL down to money, or lack of it. (If Rooney was already on ?250,000 a week, a hike to ?300,000 was only an extra ?50,000... far less than the ?200,000 or so it would have taken to pay someone like Sneijder, for example... in a way, it was a cost-cutting exercise saving them ?150,000 a week)
When Ronaldo was sold for ?80m, United splashed out ?16m on Valencia and Michael Owen on a free as his "replacements" Look at United's spending in Ferguson's final few years... other than van Persie, no world class player (or even "almost" world class player) was signed. That's all to do with money.
For all the protestations, the Glazers have leveraged the club to the hilt and take out as much for themselves from sponsorship, ticket sales etc as they dare leaving little to re-invest in players.
In the summer, they will need an entire back four, a couple of midfielders and a striker (will van Persie stay beyond this season? I doubt it. Even if he does, his injury record will require more than Rooney and Wellbeck up front) That's going to cost far in excess of ?100m and I quite frankly can't see the Glazers spending that much even if van Gaal or Klopp is in charge.
There is talk of the club looking to put in bids for Roos, Lallana and Shaw. Based on what the newspapers have been saying, that's anywhere between ?75-90m without even addressing replacing Ferdinand and Vidic. Does anyone seriously think, based on the history of the Glazers so far, that the next manager will have the ?150m+ required to rebuild the team? While some money can be recouped from sales of players like Nani, Valencia etc., just as with the Ronaldo money, not all of it will go into the transfer kitty... loan interest repayments will come first.