M18CTID said:Didsbury Dave said:Yep, you're right about Pallister I'm pretty sure.
The reason I remember the £13m is that at the following home game, the bloke behind me in the Main Stand said to his mate at kick off:
"Pitch looks nice today John". John replied "Well it should do, it had £13 million's worth of shit on it last week"
I've never forgotten it.
While it might not sound a lot of money in football terms now to some people, £13 million back in the pre-Sky, pre-commercialised days of 1989 was a hell of a lot of cash especially when you consider that at the same time United was almost sold to Michael Knighton for £20 million.
The thing that makes me laugh about some of their fans is that they try to peddle the myth that United have only ever spent self-generated cash. This is simply not true - while it may have been the case since the early 1990's, Ferguson's £13 million spending spree in 1988 and 1989 far outweighed what the club was generating, and as a result it plunged them millions of pounds into debt.
As I remember it, Martin Edwards was trying to buy short term success based on loaned money so that he could maximise the public flotation, allowing him to then spend more time in the ladies' loos [allegedly].