Manchester United executive chairman Ed Woodward has insisted that the Red Devils are in a financial position to break the world record transfer fee if required.

Ed Woodward believes that believes that Manchester United are financially capable of break of the world record transfer fee if required and has welcomed criticism from the fans.

After encountering a disappointing summer last season, Manchester United have swiftly gone about their business in this transfer window and have already secured the signings of Ander Herrera and Luke Shaw. But the Red Devils are unlikely to stop their spending spree anytime soon with a host of other players being linked with a move to Old Trafford.

Ed Woodward, who received a lot of criticism in the last transfer window, has shown his worth as a shrewd negotiator and the United fans are already excited at the prospect of a new look side under Louis van Gaal this season. Woodward has also assured the fans that there will be more new arrivals at Old Trafford and that the club is in talks with a number of their targets. The 42-year-old has now claimed that transfer fee is not an issue for United if they want to pursue a target.

“It is in our capabilities to spend £60m, £70m, £80m on a player – and we would not be afraid to do that.
“There is no budget. We are in a very strong financial position. We can make big signings

“Whether it’s a record or not doesn’t really resonate with us.

“What resonates is a top, top elite player that the manager wants that is going to be a star for Manchester United.

“I get pointed in the direction of a target that the manager wants and there is an assessment of what that might cost and I’ll negotiate hard to do the best I can on the trade.” – Woodward said.

The Red Devils are still expected to sign 2-3 more players before the end of this transfer market with Juventus midfielder Arturo Vidal being their prime target, along with some defensive reinforcements. Despite Woodward’s above claims, reports in Italy suggested that negotiations with Juventus fell through as United couldn’t match their demands. It will be interesting to see if any further twists will be experienced in this transfer saga.