Media thread 2022/23

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After last night's superb display I've read every report and listened to every football podcast I can find. Any time someone starts by giving City credit followed by but.... (insert bitter excuse here) I immediately stop reading or turn it off. Atm I reckon it's about 50% giving us the credit we deserve and 50% moaning that we're cheating.
Tbh I've actually been pleasantly surprised and I do think proper football fans are actually getting bored with the cheating shite and are happy to admit we're just a really well run club. Haters gonna hate but maybe the tide is turning?
 

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Benzino said:
Historically in PL transfers, the highest fees on average should sit around 10% of the total league spend for the year. This rule has remained quite consistent throughout the PL era. It also gives a good indication as to what players from the past would’ve roughly cost today, and also how expensive a top player actually should be in the current market climate right now. For example, last year, the league spent around, a combined £860M, the top signings Nunez was £85M, so 10% of the total spend, and Anthony £90M just over 10%. Enzo Fernandez came in at about 12%.

To give you some context from the past, in 1993 Utd broke the British transfer record fee for Roy Keane at around £4M. The entire league spent just over £60M that year, so this deal was 8% of the total spend. It was a record at the time, but it wasn’t crazily over the mark.

In 1994 a year later, Utd broke the record transfer again for Andy Cole, this time for nearly double the amount of Keane, at around £7M. But the entire league spent more, and this one deal worked out at around 10% of the total leagues spend.

In 1995, Arsenal broke the record with the signing of Bergkamp for £7.5M, which was at 9% of the total. Liverpool then broke that record shortly after, with the signing of Collymore for 8.5M, which came in at 11% of the total.

In 1996, Newcastle bought Shearer for a British and world record fee of £16M. The league spend was around £100M in total, so this was a deal on the higher end, at about 16% of the total spend.

In 1997, Utd bought Henning Berg for 7.5M, which was nearly half the record price at the time, and it worked out at 5% of the total league spend. Chelsea and Aston Villa had the highest individual transfers of the season, with Greame Le Saux going to Chelsea, and Stan Collymore going to Aston Villa, both worked out at 10% of the total league spend.

In 1998 Utd signed Yorke for a fee of £18M, it was record money for the time, and it was around 9% of the total league spend.

In 2001 Utd got Veron for a record fee of £28M, it was a high price, and it was around 14% of the leagues spend at the time. In todays market, that works out at about £120M

In 2002, Utd broke the record fee again with Ferdinand for £30M. The spend was slightly lower this year for several reasons, but this figure equated to 25% of the leagues total spend, which is the highest ever %. It was a ridiculous figure at the time for any player, especially a CB. To put it in perspective, 25% today would cost you £215M. Ferdinand was a good player, but I don’t recall the media ridiculing Utd for over the top spending on this one. I checked out a few articles, and I was right, they didn’t, all they did was heap praise on him. Which to be fair is what they should do with every major signing.

In 2003, they bought C.Ronaldo for £13M. We are told to marvel at the bargain price for the then 17 year old. But this was actually still 9% of the total spend that year. So it was still a high signing, today it would be £80M for a relatively unknown teenager from Portugal. Worked out well, but only a big budget team would be able to do that.

In 2004, they got Rooney for nearly double Ronaldo’s price at £30M, and that equated to double the spend %, coming in at 20% of the total league spend. Again, it’s at the very higher end of the scale, and suggest Utd could afford to pay double what they should to get him. In todays money, that would be £172M.

In 2006 they weren’t the top spenders, but they still bought Michael Carrick in at 10% of the total league spend.

In 2007 they bought 3 players, Nani, Anderson and Hargreaves’s for a combined 20% of the league total spend.

In 2008 we had our takeover, so I stopped looking at them at this point and instead looked at some of our own highest transfers to see how we faired with comparison to the league spend, this is what I saw:

Grealish - signed 2021 -14%
Dias - signed 2021 - 11%
Rodri - signed 2019 - 5%
Mahrez - signed 2018 - 11%.
KDB - signed 2015 - 10%
Sterling - signed 2015 - 9%
Aguero - signed 2011 - 9%
Dzeko - signed 2010 - 10%
Yaya - signed 2010 - 9%
David Silva - signed 2010 - 8%
Tevez - signed 2009 - 5%
Robinho - signed 2008 - 8%


Seems like we’re pretty good at getting players for fair market prices.
Click to expand...
Superb post
 
I'd love if the players fought back in interviews using their wit and friendly manner.

Have them face their accusers down in front of the cameras and watch Carragher, Neville, Ferdinand crumble.
 
Benzino said:
Historically in PL transfers, the highest fees on average should sit around 10% of the total league spend for the year. This rule has remained quite consistent throughout the PL era. It also gives a good indication as to what players from the past would’ve roughly cost today, and also how expensive a top player actually should be in the current market climate right now. For example, last year, the league spent around, a combined £860M, the top signings Nunez was £85M, so 10% of the total spend, and Anthony £90M just over 10%. Enzo Fernandez came in at about 12%.

To give you some context from the past, in 1993 Utd broke the British transfer record fee for Roy Keane at around £4M. The entire league spent just over £60M that year, so this deal was 8% of the total spend. It was a record at the time, but it wasn’t crazily over the mark.

In 1994 a year later, Utd broke the record transfer again for Andy Cole, this time for nearly double the amount of Keane, at around £7M. But the entire league spent more, and this one deal worked out at around 10% of the total leagues spend.

In 1995, Arsenal broke the record with the signing of Bergkamp for £7.5M, which was at 9% of the total. Liverpool then broke that record shortly after, with the signing of Collymore for 8.5M, which came in at 11% of the total.

In 1996, Newcastle bought Shearer for a British and world record fee of £16M. The league spend was around £100M in total, so this was a deal on the higher end, at about 16% of the total spend.

In 1997, Utd bought Henning Berg for 7.5M, which was nearly half the record price at the time, and it worked out at 5% of the total league spend. Chelsea and Aston Villa had the highest individual transfers of the season, with Greame Le Saux going to Chelsea, and Stan Collymore going to Aston Villa, both worked out at 10% of the total league spend.

In 1998 Utd signed Yorke for a fee of £18M, it was record money for the time, and it was around 9% of the total league spend.

In 2001 Utd got Veron for a record fee of £28M, it was a high price, and it was around 14% of the leagues spend at the time. In todays market, that works out at about £120M

In 2002, Utd broke the record fee again with Ferdinand for £30M. The spend was slightly lower this year for several reasons, but this figure equated to 25% of the leagues total spend, which is the highest ever %. It was a ridiculous figure at the time for any player, especially a CB. To put it in perspective, 25% today would cost you £215M. Ferdinand was a good player, but I don’t recall the media ridiculing Utd for over the top spending on this one. I checked out a few articles, and I was right, they didn’t, all they did was heap praise on him. Which to be fair is what they should do with every major signing.

In 2003, they bought C.Ronaldo for £13M. We are told to marvel at the bargain price for the then 17 year old. But this was actually still 9% of the total spend that year. So it was still a high signing, today it would be £80M for a relatively unknown teenager from Portugal. Worked out well, but only a big budget team would be able to do that.

In 2004, they got Rooney for nearly double Ronaldo’s price at £30M, and that equated to double the spend %, coming in at 20% of the total league spend. Again, it’s at the very higher end of the scale, and suggest Utd could afford to pay double what they should to get him. In todays money, that would be £172M.

In 2006 they weren’t the top spenders, but they still bought Michael Carrick in at 10% of the total league spend.

In 2007 they bought 3 players, Nani, Anderson and Hargreaves’s for a combined 20% of the league total spend.

In 2008 we had our takeover, so I stopped looking at them at this point and instead looked at some of our own highest transfers to see how we faired with comparison to the league spend, this is what I saw:

Grealish - signed 2021 -14%
Dias - signed 2021 - 11%
Rodri - signed 2019 - 5%
Mahrez - signed 2018 - 11%.
KDB - signed 2015 - 10%
Sterling - signed 2015 - 9%
Aguero - signed 2011 - 9%
Dzeko - signed 2010 - 10%
Yaya - signed 2010 - 9%
David Silva - signed 2010 - 8%
Tevez - signed 2009 - 5%
Robinho - signed 2008 - 8%


Seems like we’re pretty good at getting players for fair market prices.
Click to expand...
Love the post, though, as an economist, I would point out there are some issues with using proportion of total annual spend to determine equivalent current nominal value, the most problematic being the multiplication effect, which will inflate total spend in any given assessment period where a record transfer took place, specifically those involving clubs in the same league or league system.

But, even ignoring that, if we were to create a weighted coefficient that included both inflation adjustments and normalisation for the above mean inflation rate of the football market over the past 25 years, it would very clearly indicate the historic cash cow clubs began distorting the market well before ADUG bought the club.

And I also want to emphasise again, that current conditions actually provide far more financial parity within the league than was the case when United and other clubs were breaking the transfer record practically every year.

That is, we are dominating at a time when we have less relative financial power compared to the rest of the league, and we’re far better with our transfer dealings.
 
SebastianBlue said:
Love the post, though, as an economist, I would point out there are some issues with using proportion of total annual spend to determine equivalent current nominal value, the most problematic being the multiplication effect, which will inflate total spend in any given assessment period where a record transfer took place, specifically those involving clubs in the same league or league system.

But, even ignoring that, if we were to create a weighted coefficient that included both inflation adjustments and normalisation for the above mean inflation rate of the football market over the past 25 years, it would very clearly indicate the historic cash cow clubs began distorting the market well before ADUG bought the club.

And I also want to emphasise again, that current conditions actually provide far more financial parity within the league than was the case when United and other clubs were breaking the transfer record practically every year.

That is, we are dominating at a time when we have less relative financial power compared to the rest of the league, and we’re far better with our transfer dealings.
Click to expand...

You're right, especially on the last point you’ve made, this is particularly key for me. It isn’t spoken about enough, in fact, we often get the opposite ‘the league is weaker now, than it was when Utd dominated’ etc etc
 
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