PAYROLL....not transfer fees.
I agree, Payroll is highly different than Transfer fees.
Plus that's old info. Here's the 2010 numbers:
This year I think you'll see Chelsea's come down a bit and City's will rise dramatically. United's has gone up £21m, so all three are probably going to be around £150m. To put that into perspective, the other big clubs in 2010: 2010: Barcelona £233 million, Inter £207 million, Real Madrid £166 million and Milan £152 million.
And when looking at the Ratio to Turnover, they're doing just fine. By far the best in the league when compared to performance, and I'm sure it's probably better than teams on the continent, though the appreciation of the Euro (for now) against the Sterling may change all that.
That low ratio number would suggest hat Mankie's argument that United are being very careful with their buying, while other teams are paying big bucks for United's players is a sound one.