Manchester United refuse to break wage structure

Manchester United have no intention of shattering their wage structure to reinforce Sir Alex Ferguson's squad this summer.

Ferguson has continually stated that he sees no value in the transfer market, hence his reluctance to spend the majority of the world record £80million received for Cristiano Ronaldo from Real Madrid last summer.

The stance has raised quizzical looks from those who recall United splashing out £30.75million on Dimitar Berbatov, £29.1million on Rio Ferdinand and £28.1million on Juan Sebastian Veron.

However, it has now become apparent it is not transfer fees that Ferguson is speaking about when he talks of Real Madrid and Manchester City inflating the market but wages.

It is understood that having agreed a fee with Lyon for Karim Benzema last summer, Ferguson balked at the deal when the France striker demanded a staggering weekly wage approaching £200,000 a week, way in excess of anyone else on the Old Trafford payroll and significantly more than Wayne Rooney will get, even after he agrees his new contract after the World Cup.

Those are the kind of sums being offered by Real and City - who are said to have suggested they would pay Kaka even more in their unsuccessful attempt to lure the Brazilian superstar to Eastlands in January last year - and that United will refuse to match as they try to strengthen following the failure to retain the Barclays Premier League title.

And they are the kind of figures the Red Knights group will quickly have to get their heads around if they are successful in wrestling control of United away from the Glazer family.

Although sources close to the Glazer camp insist United's controversial American owners have no interest in doing a deal, the Red Knights are confident they can get them to the negotiating table, although they will not over pay.

"The Red Knights are continuing to seek to assemble a consortium to acquire Manchester United," said a statement released on behalf of the group.

"Our primary goals remain to facilitate a return of ownership of the club to its supporters and the community; and to restore the financial health of the club.

"The response continues to be encouraging but the process to achieve it is understandably complex and is taking time.

"We have had productive conversations with potential investors in recent weeks which have reinforced our belief that it is wrong to offer above fair value, particularly given the urgent need for the club to reduce debt; and that fair value is likely to be reducing over time given the headwinds facing the game of football.

"Accordingly we will continue to build support in a measured way and will give a further update in due course."

Independent Comment
blog comments powered by Disqus
Caption competition
Caption competition
News in pictures
World news in pictures
Sport blogs

iBet: Mercedes and Hamilton to roar in Monaco

Monaco is a street circuit where driver ability is more important than anywhere else and if we take ...

by Gareth Purnell

On The Road at the Giro d’Italia: It sounds sadistic, but the team live for the mountain stages

Three weeks ago as I drove off the Eurostar, I remember thinking what a very long time it was until ...

by Martin Ayres

iBet: Rose has the ammunition for Wentworth

McDowell did brilliantly to land the World Match Play title in Bulgaria last week, but it’s a format...

by Gareth Purnell

       

Day In a Page

James Pembroke: The man who's eaten everywhere

The man who's eaten everywhere

Few people know more about restaurants than James Pembroke, who only spent five mealtimes at home during his entire childhood.
A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?

The young JFK praised 'superior' Nordic races during visits to Germany
Banned Iranian director Mohammad Rasoulof to attend Cannes Film Festival 2013, his first public appearance since prison

Banned Iranian director to attend Cannes Film Festival

Mohammad Rasoulof to make his first public appearance since being imprisoned three years ago
Seeing the larger picture: Inspiring images of space

Seeing the larger picture: Inspiring images of space

An exhibition explores images how photography has shaped astronomy
Eat Spam and carry on: Wartime pamphlets could teach us a thing or two about healthy, thrifty eating

Eat Spam and carry on

Wartime pamphlets could teach us a thing or two about healthy, thrifty eating
Facial hair: Cat beards and the purrrsuit of excellence

Facial hair

Cat beards and the purrrsuit of excellence
The 10 Best salt and pepper sets

The 10 Best salt and pepper sets

Whether they're for everyday use or to make your dining table look just right, it's worth getting a stylish shaker...
Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Ferran Soriano: Predicting success if Manchester City 'vision' is followed

Chief executive says trophies will come if a 'core' of suitable players is in place
Thomas Müller: We couldn't handle losing a Champions League Final again

Thomas Müller: We couldn't handle losing a Champions League Final again

The Bayern Munich forward tells Tim Rich his side have to shed chokers' tag after two recent final defeats
Giro d'Italia: The Stelvio Pass - cycling's killer climb

The Stelvio Pass - cycling's killer climb

As the Giro d'Italia tackles the brutal climb, Simon Usborne takes on the snow and switchbacks – and soon realises what the fuss is about
National archives: Edward VIII’s phone calls - and how MI5 bugged them

Edward VIII’s phone calls - and how MI5 bugged them

Newly unearthed papers reveal a shocking extra dimension to the constitutional crisis over monarch’s abdication
Sent down at the Old Bailey: A tour of the world's most famous court

Sent down at the Old Bailey

A tour of the world's most famous court
Hollywood's random acts of red-carpet kindness

Hollywood's random acts of red-carpet kindness

The Hangover actor Zach Galifianakis’s date for his movie premieres isn’t arm candy  – it’s his 87-year-old friend who he saved from homelessness
British football scores an own goal

British football scores an own goal

Many managers barely survive a year in post. Martin Baker talks to experts who make a case for clubs using forensic business skills to find the best staff
James Lawton: Sergio Garcia cracks as major fault line opens up again

James Lawton

Sergio Garcia cracks as major fault line opens up again