The revelation that Manchester United have amassed the biggest transfer losses in Europe over the last decade will come as little surprise to their fans, who have had to endure mediocrity in the post- Sir Alex Ferguson era.
United's failings in the transfer market have come at a hefty price – almost £1billion, which exposes their lack of a coherent and successful recruitment policy.
Led by former executive vice-chairman Ed Woodward, who stood down on February 1, United amassed losses of around £900million, spending £1.3billion on signings but recouping just £400m from players sales.