You're seriously underplaying the quality of the side Benitez inherited. The defence in particular was outstanding. Hyypia, Henchoz, Carragher, Riise.
Carragher had played full-back for Houllier's tenure and only started to look awesome as a CB under Benitez. Hyypia was awesome in 2001, was merely very good in 2005. Henchoz wasn't even good in 2005 and barely played. Riise was simply an average player. The weakest LB by a distance of the top 4 when he was with us.
That team was relatively crap, and what made winning the CL even more impressive is that we had so many injured players that year.
The fact that your net spend over the last few years is considerably higher than United's (and presumably Chelsea's, though haven't checked, and definitely Arsenal's) would tend to negate this point.
Considerably higher? I think it's only 6-7 million difference. I looked for some stats and found this
table. Apart from the sale of Ronaldo, I think it's more or less the same. Actually, I found
this, as of March 21, which would take out the recent transfer window.
Ferguson claimed yesterday that Liverpool were “well ahead of us in spending in the last five years”, but the statistics appear to support Benítez. United’s gross spending since June 2004, when the Spaniard arrived at Anfield, totals £221.95 million compared with £212.6 million by Liverpool. Ferguson’s net spending over that period is £147.90 million compared with Benítez’s £111.39 million.
When half your squad comes before Benitez even coached it then needs closer analysis. Benitez had to rehaul a club from the ground up, you guys only needed to add a player here and there to an already championship competing/winning side. That's why your squad worth is much more than ours. Rooney, Berbatov and Ferdinand combined are about 90 million pounds our whole starting XI cost 105-110 million. Let's not even get into the benches of both teams. In fact, I'd wager if you tally up all the players Benitez has ever bought, I still don't think we'd compare to the price you paid for United's current squad.
You can't compare a coach who has broken so many transfer records (Ferguson) to one who only broke the club transfer record 2 years ago. Some history:
Ferguson started off with Gary Pallister who was bought for a little over 2 million pounds...but that was the record at the time. He bought Dion Dublin, Steve Bruce, Paul Ince, etc all before he even won anything with a lot of money. It also makes Cantona's 1.2 million not that cheap in retrospect. This is all despite the fact that he inherited a side with good players and a club with financial backing to help him even more.
A year or so later he signed Keane, another british transfer record for 3.75 million pounds. A year later, he again broke that transfer record getting Andy cole for 7 million pounds. A couple years later, Dwight Yorke for 12.6 million. That same season they bought Jaap Stam for 10 and a bit million pounds ...making him the most expensive defender in history - and most expensive dutch player ever. A few years later, Stam's record would be broken when Van Nistelrooy arrives for 18 million pounds...also breaking the british transfer record. They also bought Barthez for almost 8 million, making him the most expensive goalkeeper ever bought by a british club. And AGAIN, after that they broke the transfer record with Veron being bought for 28 million pounds. It was not too long after they broke the british transfer record again, and record for a defender signing Rio Ferdinand for 30 million pounds. That transfer record was broken a few years later when United signed Wayne Rooney for 31 million pounds...the most expensive transfer for a teenager. This all makes the 16-18 million pound signing of Carrick pretty cheap actually. Nani and Anderson being bought for similar fees. Just last season they would have had the most expensive signing again but for Robinho, with Berbatov coming for about 31 million pounds...
So, again, trying to compare a team that has been built on the back of 23 years to one that was overhauled in 4-5 years is a
mismatch.
Sorry for the very long post, but thought I'd just mention more points ahead of time since I know where this exchange is heading.