Alex Ferguson has made a number of statements over the past few years aimed at Chelsea, Liverpool and Manchester City regarding over spending on players. The United manager has given the impression that Manchester United has not spent money up to winning the league and beyond.
Ferguson PR statements ARE working, whilst watching a newspaper review of Ferguson's rant on City's 'Kamikaze' spending the Sky interviewer said "Fergie is frugal in the transfer market". The same frugal spending that has seen Fergie spend over £7 million on Bebe this year that he has never seen play, even on video?
Ferguson claimed in 2009 that Liverpool had spent more than United over the past five seasons. He said Liverpool were 'well ahead of us in spending in the last five years'. Benitez told Ferguson to 'check his figures', if he did he would see that the figures support the fact that United HAD spent more than Liverpool. See report from @DuckerTheTimes published in The Times.
Recently Ferguson said: 'Over the last two or three years we have seen very wealthy owners become part of football clubs and therefore go on kamikaze effort to spend their money.
'It is amazing the amounts of money that are being banded about in the present game. Some people think it could be dangerous'
Okay, let's have a look at Fergies spending in the table below. The same spending that has ranked Manchester United as the Premier Leagues second highest spenders after Chelsea.
Manchester City has become the focus of intense criticism regarding their current spending. City though has still not eclipsed the £158 million spent by Chelsea 03-04 that has been conveniently forgotten. It also does not take into account the lavish spending that Liverpool, Manchester United and Spurs have undertaken since the premiership began with the same aim: success.
Whilst the press make Manchester City to be the villain, top managers in the league such as Ferguson and Redknapp have added fuel to the fire. Ferguson and Redknapp have both said during televised interviews that the spending is "ridiculous" and can "hurt the game". Please see detail of Alex Fergusons small club jibe at City here and the criticism of Redknapp here.
These managers seem to forget that their clubs have also spent lavishly, far more than City before the take over.
Manchester City though has done nothing wrong. They find themselves in a position that gives them the resources to buy players, a position that many clubs are envious of. With the new UEFA rules on "buying within means" being implemented in the 2012/13 season it is imperative that City buy their assets NOW.
UEFA are to implement new rules in the 2012/13 season that will prevent clubs from spending what they earn. Platini said; 'Living within your means is the basis of accounting but it hasn't been the basis of football for years now.'
Manchester City who now has NO debt will need to spend their resources NOW and next season in order to have young players that can be the foundation of a successful club in the future. This is explains the large spending being undertaken.
Clubs that will be hurt most from the new rules are those that have spent lavishly for years who have accumulated a large debt, such as Manchester United and Real Madrid who were £500 million in debt at the end of the 08/09 season (see BBC article on new UEFA rules).
The rules will also mean that clubs that do not have the same commercial success as United or Real such as Bolton, Stoke, Fulham or Tottenham will NEVER be able to compete at the top level. Some clubs will not be able to bridge the wealth gap to compete on a level footing. It will create a class divide in football. The poor class will not be getting welfare support and will never be able to bridge the divide.
Manchester United 1992 - 2010 Transfers In >100,000
Van Der Gouw, Raimond
Solskjaer, Ole Gunnar
Van Nistelrooy, Ruud
New Jersy Metrostars
Paris St Germain
Van Der Sar, Edwin
de Laet, Ritchie
Vitória de Guimarães