Manchester United goes frugal - signs Michael Owen

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Though it appears an illogical move at first from Sir Alex Ferguson, come to think of it, it sounds like a shrewd and frugal move from him. While Owen has his own troubles about his fitness, if he can regain his touch a bit and score crucial goals even coming on as a substitute, ManU will have its money's worth. And he sure is a proven goal scorer and with Fergusson as a mentor, he may well be able to rediscover his touch. If he fails, it is an opportunity lost for Owen himself, but not a major issue for ManU since they haven't paid any transfer fee on him. It may also improve his England chances as well if he clicks at ManU. So this is a very interesting move from Ferguson and worth following in this years English Premier League.

I also like Ferguson's frugal approach in signing players and not throwing money at them like like Real Madrid (and Man City) which sounds very stupid to me and I predict that they will not win anything this year as well. 11 great players don't make a great team.