Sir Bobby Charlton says Manchester United were right to demand a world record fee for departing superstar Cristiano Ronaldo.
The Red Devils have agreed to sell the 24-year-old to Real Madrid this summer for a staggering £80million fee.
The mammoth figure has raised eyebrows throughout the game and sparked debates on whether any player is worth such an amount.
Club director Charlton has admitted the fee Real are willing to pay is a 'bit vulgar' although he recognises it is United's obligation to secure the best deal they can for their stars.
"The deal is a good deal and a fair deal. It's a lot of money. It seems crazy really," he said on Sky Sports News.
"The more the players cost the more the television companies appear to be able to contribute that little bit more to.
"It is an enormous amount of money. It seems sometimes a little bit vulgar, but that's business I'm afraid.
"We have responsibilities as a company. We have a responsibility to all the football fans that support Manchester United to do the best we can for them.
"Ronaldo leaves us because as a young boy he always dreamt of playing for Real Madrid. So if he leaves us it's with our blessing."