Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
$100 Million: Fergie's '07 Player Purse
London Times, December 22nd, 2006 3:41PM
Subscribe to Section 2 Around the Net


MOST READ


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
Report: Pulis Resigns as Stoke Manager    
Tony Pulis has resigned as Stoke City coach, according to reports in England. The 55-year-old Welshman ...
Ferguson Wins Fourth LMA Manager of the Year Award    
Alex Ferguson on Monday received his fourth League Managers' Association award for manager of the year. ...
Brighton Suspends Coach Following Excrement Incident    
Brighton coach Gus Poyet, assistant Mauricio Taricco and first-team coach Charlie Oatway were suspended on Monday ...
Report: Atletico Expects Falcao to Leave    
Over the past few weeks, Atletico Madrid striker Radamel Falcao has been linked with moves to ...
Spain Says Adios to Mourinho    
Following the news on Monday that Jose Mourinho's three-year reign as Real Madrid coach will end ...
Report: Barca Ponders Vilanova Backup Plan    
In his first press conference after returning from cancer treatment in the United States, Barcelona coach ...
Reports: Mourinho Future to be Decided This Week    
Reports in Spain suggest that Real Madrid coach Jose Mourinho's future could be decided this week, ...
Fiorentina Angry as Milan Edges UCL Berth     
There was high-drama in Italy on Sunday as the Serie A season came to a close. ...
Beckham's Emotional Farewell     
In a weekend of emotional farewells, David Beckham was perhaps the most emotional. As he was ...
Steve Clarke Interprets Fergie's Final Words     
Following his last game in charge of Manchester United, which finished by the astonishing score line ...
>> Section 2 Around the Net Archives