Malcolm Glazer dies aged 85 Glazer era should not have been allowed Between his appointment as manager in 1986 and the Glazers’ takeover in 2005, Ferguson broke the British transfer record five times in order to recruit Gary Pallister, Roy Keane, Andy Cole, Juan Sebastian Veron and Rio Ferdinand. Under the Glazers, Ferguson abandoned the big-spending - with the exception of the £30.75m purchase of Dimitar Berbatov in Sept 2008 - and pursued ‘value in the market’ at the same time as decrying the ‘kamikaze spending’ of rivals such as City and Chelsea. The £693.7m spent by City since 2005 on the likes of Sergio Aguero, Yaya Toure and Carlos Tevez has dwarfed United’s spending, as has Chelsea’s Roman Abramovich-fuelled £600.2m outlay. But United have also been outspent by Tottenham (£448.2m) and Liverpool (£443.75m) since being controlled by the Glazers, who banked a world record £80m transfer fee when sanctioning the sale of Cristiano Ronaldo to Real Madrid in 2009. The end result of the ’Glazernomics’ is a squad that Moyes, on his arrival at United, identified as being in need of a major reinforcement. His first signing, the £27.5m Marouane Fellaini, was the first established midfielder to arrive at Old Trafford since the £17m acquisition of Owen Hargreaves in 2007 - bridging a gap of six years without a significant addition to that area of the squad
Posted on: Thu, 29 May 2014 09:41:10 +0000
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