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Man United Set for £150m Spending Spree as Board Back David Moyes With Massive Transfer War-Chest

Old Trafford side set to hand under-fire boss mammoth transfer fund boost.

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Man United are set for a massive summer spending spree according to the Daily Express.

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Old Trafford chief executive Ed Woodward has publicly stated the club’s intention to conduct the club’s biggest spending spree in their entire history, news that will surely please under-fire boss David Moyes.

Discussing the proposed £150m-£200m windfall set to be handed to Moyes this summer, Woodward stated;

“It’s fair to say we are focused on strengthening the squad,”

“We aren’t afraid of moving in the market in a way we perhaps haven’t seen in recent years.

“Part of the financial strength that we have presented in the latest results demonstrates that we have the ability to do that.

“Our starting-point long-term strategy is focused on building a competitive squad that challenges for trophies. And we are looking at some players that perhaps may be sold this summer.”

Woodward also insists he is not overly concerned by the very real prospect that Man United will fail to qualify for the Champions League for the first time ever, adding;

“That’s not something I’m sitting here concerned about,” he added.

“Some of our competitors haven’t won the Premier League for a long time but still sell a huge number of shirts out there globally, one just down the road from us [Liverpool].

“It takes a long, long time to build up a huge fan base, to have the equity values of what we are as a business and a club projected out there, so that people can understand, from a commercial perspective, why it makes sense to partner with us, and I don’t think that will go away for a long time.”

David Moyes has thus far made two high profile signings, forking out upwards of £60m to bring in Marouane Fellaini and Juan Mata from Everton and Chelsea respectively, and it may take three or four more big name additions to help smooth the transitional period that was inevitable following the retirement of Sir Alex Ferguson last summer.

Check out the most surprising players who finished up unsold at the IPL 2014 Auction.

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