Sir Alex Has “Substantial” Funds For Big Name Players

By on May 27, 2011

The Manchester United owners may be supremely unpopular at Old Trafford, with the majority of United fans wanting the American family to leave as soon as possible, but they have apparently given the go ahead to a big summer of signings for Sir Alex Ferguson.

Reports suggest that the clubs bank account will rise to £169 million due to huge profits this season thanks to massive sponsorship deals. This will be added to the £80 million from the Ronaldo sale which is largely still unspent, and it adds to a very healthy transfer fund for Sir Alex to do with it what he pleases. One insider said: What Sir Alex wants, Sir Alex will get.”

Of course, the transfer policy will remain the same; young players with big potential and a decent resale value is what the Glazers and Ferguson have agreed on, with only one player in the past 14 years having been over 27 and cost more than £3.2 million – Dimitar Berbatov.

And with United set to have raked in a whopping £50 million from their Champions League journey if they beat Barcelona on Saturday, it is understandable that the Glazers are said to be “relaxed” about the United manager bringing in at least one marquee name to the squad.

After the sale of Ronaldo and the departure of Tevez in quick succession, doubts were raised, if they weren’t already about the Glazers long term ambition with United. Wayne Rooney needed the persuasion of a mega money weekly contract renewal to convince him of that ambition, and he must have been told about the funding Sir Alex had when they had those crunch meetings about his future.

The United chief executive has said again and again when questioned that Sir Alex has money at his disposal, doing his utmost to defend the Glazer ownership and handling of the club. This summer may be the summer in which these claims are supported with the showing of cash and the purchasing of players who will be brought in to help United to further success.

The last time United spent substantially was back in 2007 when Nani, Anderson and Owen Hargrevaes were brought in for around £17 million each. Injuries have been a big downer on Hargreaves and Andersons success, with Hargreaves recently released, but Anderson and Nani have begun to show what they are capable of – especially the latter.

United have already all but confirmed the purchase of Athletico Madrid goalkeeper David de Gea as replacement for Edwin van der Sar, for a reported fee of £18-20 million. Rumours circulating about other players include interest in Aston Villa’s Ashley Young, Arsenal’s Samir Nasri, Tottenham’s Luka Modric and Inter Milan’s Wesley Sneijder.

I hear that a deal for Ashley Young is close, while the situation with Arsenal’s Nasri is that due to his close expiring contract, his agent has leaked United “interest” to the media in the hope that Arsenal will act by offering Nasri and new, improved contract. Modric and Sneijder would indeed be marquee signings, but would perhaps cost too much.

Despite the big money signings being rumoured, Sir Alex could always look to his youth side, and with a few exciting young talents coming through may decide to slowly begin to integrate them more in the team, much like he did with the class of 1992.

Nevertheless, the funds are there for Sir Alex to spend, and whether he raids Arsenal for Nasri, tests Inter Milans resolve for Sneijder, or tempts Luka Modric with Champions League football is down to him. United fans should confidently leave it all in his very capable hands.

Submitted by DBSFootball

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5 Comments

  1. realistic tony

    May 27, 2011 at 11:10 am

    Wenger take note!
    United apparently in debt to 700-800 million and splashing this kind of money.
    Whatever the formula is for compliance to FIFAs new financial rules,perhaps arsenal can manipulate their accounts to provide the same funding.After all, our debt is smaller, we generate similar matchday profits and have spent considerably smaller in the transfer market over the past few seasons.(we have admittedly less revenue from winning trophies etc).Arsenal have reputedly the best financial model around, so it can’t be a question of not being able to invest in the best and expensive players, it must be a choice.

    • Dan Mac

      May 27, 2011 at 1:06 pm

      They make their money from sponsorship and the ‘club shop’. They make miliions upon millions more than you guys which is where they can afford to fund these things from.

  2. Sean

    May 27, 2011 at 11:34 am

    I find it slightly contradictory that you claim they have substantial funds, a marquee signing would be sanctioned, and name incredible amounts of money, and then say that Sneijder and Modric would be marquee signings, but would perhaps cost too much.

    • DBSFootball

      May 27, 2011 at 3:20 pm

      Indeed, it does seem contradictory, I don’t seem to have phrased it clearly.
      What I meant was, Sir Alex Ferguson would be very reluctant to blow the bank even if there are huge sums available, especially after the Berbatov signing that didn’t go as totally as planned at first. It wouldn’t be his style. He won’t be made a fool of by paying well over the odds like our neighbours City would do.
      Hope that is cleared up, and by the way, that is just an opinion, not fact, he may indeed decide to break the bank and spend big on one player, but I just can’t see him doing it.
      Thanks.

  3. Pingback: Manchester United are £478m in debt but can still afford to let Sir Alex spend … – Daily Mail

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