Fergie assured war chest available to bolster side
AlLEX FERGUSON has been told that money will be made available to him if he chooses to add to his Manchester United squad during the January transfer window.
The Glazer family have assured Ferguson that, if the right player emerges for a possible transfer this month, they will give him the resources to strengthen his squad, despite the ongoing delay in plans to raise £600m from a partial flotation of the club on the Singapore Stock Exchange. With United losing ground to Manchester City in the title race following back-to-back Premier League defeats, the debilitating effects of a crippling injury list have prompted widespread calls from supporters for Ferguson to buy players this month.
But despite being given the go-ahead by the club's owners to recruit this month, Ferguson's position remains unchanged in that he will only add to his squad if he feels any potential signing can benefit the team in the long term, rather than arrive as a short-term fix. While United's finances continue to be weighed down by the club's debt, which stands at £433m, it is understood there is no restriction on incomings this month.
However, Ferguson's attempts to sign Samir Nasri and Wesley Sneijder last summer both foundered on United's refusal to meet the players' wage demands, while the manager has repeatedly highlighted a lack of value in the market. A blueprint of recruiting emerging talent led to Ferguson signing Phil Jones and David de Gea last summer, while £15m was also invested in Ashley Young.
Although Newcastle's success in recruiting Demba Ba on a free and Yohan Cabaye for just £4.3m has been raised as evidence that value can be found in the market, United feel their bar is set higher than elsewhere.
A feeling persists that United can now be bullied out of games, because of the absence of Nemanja Vidic and the lack of a commanding presence in midfield. Both areas could be addressed this month.
© The Daily Telegraph