You are missing the point SOCAL Fergie CAN spend that amount because the football club earns it wheras City cant balance its books without a massive cash injection from its sugerdaddy.
Lets face it without the cash City would be a mid to lower table team at best wheras utd despite having all that debt laid on us by the americans still makes money every year.
Oh and just to point out I live in Manchester as well and as pointed out before Utd have the biggest fan base within a 10 mile radius of the ground than any other premier league club. (Liverpool came second)
