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
Orlando City Signs Shea     
New MLS club Orlando City on Friday announced the signing of U.S. national team midfielder Brek ...
Report: Juve Eyes January Move for Falcao     
According to Italian soccer site Calciomercato, Manchester United may consider getting second-choice striker Radamel Falcao's huge ...
Reus Fined $665K for Driving without a License    
Borussia Dortmund forward Marco Reus has been handed one of the biggest driving fines in German ...
Balotelli Receives One-Game Ban, Fine for Instagram Post    
Mario Balotelli received a one game ban and a fine of 25,000 pounds after being found ...
Robbie Rogers: FIFA 'Insane' to Host World Cup in Russia, Qatar    
LA Galaxy left back Robbie Rogers has spoken out about FIFA's decision to stage the next ...
FIFA to Publish World Cup Corruption Report    
FIFA's executive committee on Friday agreed unanimously to publish Michael Garcia's report into the bidding process ...
FIFA: Qatar Needs Labor Reform to Keep 2022 World Cup    
FIFA executive committee member Theo Zwanziger on Tuesday indicated that 2022 World Cup host Qatar must ...
CWC: Auckland City the 'Winner,' but San Lorenzo Progresses     
Real Madrid's will face San Lorenzo of Argentina in Saturday's Club World Cup final after the ...
Di Maria Beats Messi, Aguero to Argentina's Player of the Year    
Manchester United winger Angel Di Maria has beaten Lionel Messi and Sergio Aguero to Argentina's player ...
League Cup: Rodgers Defends Sterling as Reds March On     
Following Liverpool's 3-1 League Cup quarterfinal win at Bournemouth, Coach Brendan Rodgers defended two-goal hero Raheem ...
>> Section 2 Around the Net Archives