I don't buy the 'we've not seen the players' argument, because how many players that are good players in RL get cut by you as 'not good enough'?
I'll use rafmarinello's reference to terminating Park Ji-Sung's deal as it's one I can recall... Man Utd won't do that, he'll probably stay there until he retires and still play the odd game too...
The players that you have 'seen' aren't the players you manage, they are completely different.
Going via the LLM route, as I do, can still be as rewarding, even more so in many cases. My FM 09 save I took over Swindon and turned them into the greatest club in the world, ever... my Hall of Fame rankings are as good as any you might have got with Man Utd, Arsenal, Liverpool and the like.
The team I created won everything in sight for years, although I think in 18/19 seasons I've only won 4 or 5 FA Cups but the League, Champions League and WCC we won every season! The achievement there is that the team that I built from a mid table League 1 team became the biggest and most successful in the World - BAR NONE!
LLM FTW! :wub: