Irrespective of any suspicions that Manchester United manager Sir Alex Ferguson may be simply covering up for his debt laden club owners when he refuses to splash out millions in a transfer market which he regards as having ‘no value’, there can be little doubt that he is nevertheless talking a lot of sense when he accuses clubs like Manchester City of “going on a kamikaze spending spree.” Ferguson did not mention City by name of course but there can be very little doubt as to who his remarks were aimed at.
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For months now Sir Alex Ferguson has been happy to tell anyone who cares to listen that he can spend the £80million from the sale of Cristiano Ronaldo but has decided against it because of highly inflated prices. As he now sifts through the wreckage of a failed Champions League campaign however, he must face the truth that his current squad is simply not good enough to rule Europe.

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Manchester United retained the English League Cup beating Aston Villa 2 to 1 at Wembley.Villa had break the deadloack with a penalty from James Milner following a foul by Nemanja Vidic in the 5th minute, but Michael Owen (13th) and on form Wayne Rooney (74) responded with two goals to give Man United the first trophy of the season. Read the full story