Ferguson denies financial restrictions
Sir Alex Ferguson has again denied the Glazer family is restricting his spending in the transfer market, despite running a £33.45 million negative transfer balance over the past two years. Ferguson, who has spent £10 million net this summer, says Manchester United will concentrate on younger players until the market changes.
The Scot brought Javier Hernández, Chris Smalling and Bebé to the club this summer while offloading Zoran Tosic and Ben Foster. But Ferguson has consistently denied United’s spending is limited despite the club’s £720 million debt.
“We have no financial restrictions,” claimed the United manager today.
“If I hadn’t been confident maybe we would have done something. But there was only one player I would have brought here and that move was sealed off quite early by the club he went to.
“The best thing we can do until the market becomes more sensible is produce or buy young players and develop them in the club.
“By doing that we are easily securing the next eight years at Manchester United.”
Ferguson’s comments echo those made previously in which the 69-year-old manager has claimed there is “no value in the market”. The Scot has also repeated the mantra that United is concentrating on youth and denied that supporters are keen for a marquee signing to join the club.
David Villa is presumably the player whom Ferguson was interested in bringing to Old Trafford, although the Spaniard joined Barcelona in a £34 million deal. Ferguson earlier claimed United’s interest in the striker.
“We are not at the point where we have to go overboard to get the best player in the world,” he added.
“There are enough really top players in the club at the moment.
“There may be a time in the next couple of years where we have to stretch ourselves, particularly when Ryan, Paul and Gary retire.
“Then, it is a possibility we would need to get really top players in to galvanise the younger ones coming through.
“But at the moment we have the experience. We have players who have been through the whole gamut of emotions at this club and know how to deal with it.”