Manchester United FC

Founded:1878
Manager:Sir Alex Ferguson

Ground:Old Trafford
Capacity:76212

Next Game: 25-Feb-2012 15:00: Norwich City
VS

Manchester United; Full match preview

Last Game: 11-Feb-2012 12:45: Manchester United2
VS

Liverpool1; Full match report

Competing in:

Community Shield
Premier League
Champions League
League Cup
FA CUP

Kamikaze spending concerns Fergie

18 Aug 2010 - 07:32:11

Rss feed

comments

Click To Enlarge

Manchester United manager Sir Alex Ferguson has hit out at the "kamikaze" spending which has occurred in the Premier League in recent years.

Ferguson has revealed his amazement at the transfer market following a summer where neighbours Manchester City are poised to take their spending past the £125million mark.

England midfielder James Milner is poised to join from Aston Villa for a fee of around £30million.

City have already landed Mario Balotelli, Yaya Toure, David Silva, Aleksandar Kolarov and Jerome Boateng during a record-breaking summer.

"It's amazing the amount of money that is being bandied about," said Ferguson, who declined to mention the clubs in question by name.

"Over the last two or three years we have seen very wealthy owners become part of football clubs and therefore go on this kamikaze effort to spend their money.

"Some people may think it could be dangerous and I don't see it abating. The kind of spending we are seeing at the moment will be here for two or three years, until such time as they understand you can't necessarily achieve all the time by spending."