Cautious Clubs Stash the Cash ; Only City Spend Big As Others Cut Back
Daily Mail › September 02, 2009
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Summary
MATT BARLOW reports on a deadline day more memorable for deals that collapsed as clubs show a reluntance to spend big CLUBS in the Barclays Premier League may have defied the global financial crisis to spend more than Pounds 420million in three months but this will still go down as a summer of caution in the transfer market.
It was the trading window when Chelsea owner Roman Abramovich balked at astronomical figures quoted for Franck Ribery and Sergio Aguero and Manchester United sold Cristiano Ronaldo for Pounds 80m, then kept three quarters of it in the bank.See the full content of this document
Extract
Cautious Clubs Stash the Cash ; Only City Spend Big As Others Cut Back
When Real Madrid went ballistic with another Pounds 220m galacticos project and Manchester City were the only English club to show the slightest desire to match them, spending Pounds 115m and upsetting Chelsea and Everton along the w...
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