Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
$100 Million: Fergie's '07 Player Purse
London Times, December 22nd, 2006 3:41PM

MOST READ

MOST COMMENTED

On Jan.1, the Glazers, the American family that owns Manchester United, bestows upon Sir Alex Ferguson the team's annual spending budget, which reports say will be $49 million plus one superstar of Wayne Rooney or Cristiano Ronaldo stature at a price also believed to be $49 million, subject to the family's approval. Not bad, you say, especially compared to the modest annual budgets MLS teams have to work with. But this is not Chelsea money; you can be sure that Roman Abramovich will outfit the Sky Blues with whatever the team needs to recoup its place at the top of the English Premier League standings. However, one should never underestimate the savvy of Sir Alex Ferguson. This, after all, is the man who allowed the club's three biggest stars to leave (the then-suspended Eric Cantona excluded) after the season. They wanted more money, but Fergie believed his FA Youth Cup-winning youngsters were ready, and thus launched the careers of Paul Scholes, David Beckham, Nicky Butt and the Neville brothers. Ferguson can do an awful lot with $100 million, even if Abramovich gives the Jose Mourinho administration $400 million to work with. Mourinho, after all, has not proven to be a savvy spender on the transfer market. Many of his initial signings have left or barely play at all anymore, and Andriy Shevchenko, the biggest of them all, so far looks a bust. Refinancing, soaring TV revenue-thanks in part to United's success--a lucrative sponsorship deal and a 12 percent ticket hike are all contributing to Fergie's available funds. Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Man United's Falcao Out Two Weeks    
Manchester United striker Radamel Falcao will be out for another two weeks with a "new injury", ...
Arsenal's Injury Woes Ahead of Man United Clash     
While much has been made of the injury crisis facing Manchester United coach Louis van Gaal, ...
Bolton Coach Fumes at Klinsmann    
Bolton Wanderers coach Neil Lennon on Friday slammed USA coach Jurgen Klinsmann for what he called ...
Liverpool Investigates Sturridge Injury    
Liverpool has opened an investigation into Daniel Sturridge's persistent injury problems after the striker suffered yet ...
Report: Messi Could Leave Barca over Tax Threat     
According to unnamed sources cited by Spanish newspaper El Confidencial, Lionel Messi may leave Barcelona due ...
Chelsea's Costa 'Totally Recovered' From Injury    
Jose Mourinho on Friday revealed that star striker Diego Costa, who missed Spain's 3-0 win against ...
Klopp Hints at Reus Departure     
Jurgen Klopp admitted that he is powerless to keep Marco Reus at Borussia Dortmund, and hinted ...
Report: Blind Injury Not as Bad as Feared     
Manchester United on Thursday was boosted by the news that defender Daley Blind will be out ...
Parma Deducted Points for Missing Payments    
Serie A club Parma will be deducted between one and six points this season for failing ...
MLS MVP Finalists Still Alive     
For the first time since 2010, all three MLS MVP finalists still have a chance of ...
>> Section 2 Around the Net Archives