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Ferguson’s Transfer Stall a Sign of Things to Come

Posted by Seth Walder | Posted in English Premier League, World Soccer | Posted on 13-07-2009

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Alex-FergusonManchester United Manager Sir Alex Ferguson has proclaimed that he is finished purchasing players in the current transfer window, in order to end speculation that he had new potential targets. The announcement came as a surprise to some, who suspected that Ferguson would make quite the splash this summer after selling Cristiano Ronaldo and losing Carlos Tevez. The tenured United manager has not been idle however, after making moves for Michael Owen, Gabriel Obertan and winger Antonio Valencia.

So while Ferguson isn’t sitting on his hands, he hasn’t exactly replaced Ronaldo and Tevez with equivalent talent. Certainly Valencia and Obertan have ability, as does Owen when healthy, but the reality is that more spending would have only gotten Manchester United into more trouble. The fact of the matter is that the club is in a remarkable amount of debt, and at some point the money in has to exceed the money out, with the Ronaldo transfer being a prime example. Ferguson probably is doing a great service to the club by putting on the brakes now, because the current economic climate is not conducive to heavy spending.