Originally posted by lchk:
<strong>United Chief Executive Peter Kenyon has said that the club's summer spending spree began and ended with the capture of Rio Ferdinand.
Despite the Reds being linked with over 30 players during the close season, the man who controls the Old Trafford purse-strings says that he and the
manager are happy with the size of their squad, and no more new additions will be made.
"We're not looking for new players," he said after tying up the British record deal for Ferdinand.
Note that cuddly pete mentioned "he and the manager" are happy with no more puchases.
I hope this doesn't come back to haunt us when we get a few injuries
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I honestly do not believe that our summer 'spending spree' is over.
a) because the outlay for Rio in terms of this season is £15m
b) we've lost Denis, Rai, Wallwork etc.
c) with Yorke likely to go we are light for cover up front
and
d) if Soumess wants to buy Yorke, I would be (to put it moderately) very anxious that we use him as a bargaining tool to get the services of Damian Duff, who SAF has already said that he has courted for and that he was ready to bid for before the WC.
In relation to the share price being the lowest it has been for 6 years, their is a major downturn in shares worldwide with the FTSE being as low as it has been in 5 years and the NASDAQ as low as it has been for 6. Add this to the fact that United won sweet FA last season and I think that the need to worry over the price of the shares (being relative) is minimal.
United will win some silverware next season, my money is on the PL. Our share price will go up. We have Rio and we will get Damian Duff.