according to that 2nd image and what you say underneath they are DIFFERENT locations...
the zip file is extracting them to players/normal/champions legue/ eng/
but you are saying
C:\Program Files\Sports Interactive\Football Manager 2007\data\graphics\pictures\players\normal\eng
you need to extract them to this location:
C:\Program Files\Sports Interactive\Football Manager 2007\data\graphics\pictures\players\normal\eng
which is what you typed! | 
