Manchester United have announced a pre-tax profit of
£27.9million for the financial year - down £11.4m on the previous
term. The reason for the decrease in the bottom-line profit figure
is put down to increased spending on transfers, which during the
period was £28.8m.
As a result manager Alex Ferguson has been warned he must sell
before he can buy again, following the £27m purchase of Wayne
Rooney. 'We have now spent next summer's transfer budget,' said PLC
chief Sir Roy Gardner.
-extracted
from Soccernet
who will fergie sell to compete
in the transfer market during the winter break?
