Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


United to break the bank on transfers

23 July 2014, 19:26

London - Manchester United are prepared to break transfer records in order to give new manager Louis van Gaal the players he wants, according to executive vice-chairman Ed Woodward.

The English giants have already spent over 50 million ($85 million, 63 million euros) on England left-back Luke Shaw and Spanish midfielder Ander Herrera, and Woodward says that they are ready to spend even more.

Some of United's European rivals have spent big recently. Real Madrid on Tuesday signed James Rodriguez from Monaco for a fee of around 63 million ($107.4m), while Barcelona paid Liverpool around 75 million ($127.8m) for Luis Suarez.

Asked if United were able to pay a similar amount for a player, Woodward said: "It is in our capabilities. The club are not afraid of doing that -- spending significant amounts of money in the transfer market."

United are rebuilding under Van Gaal after a dismal 2013-14 season and Woodward says that in the context, the club will have no qualms about sanctioning big-money signings.

"Whether it's a record or not doesn't really resonate with us," he added, in comments reported by the British media on Wednesday.

"What resonates is a top, top elite player that the manager wants that is going to be a star for Manchester United. We are in a very strong financial position. We can make big signings.

"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."

United have been linked with a host of players in recent weeks, including Germany centre-back Mats Hummels, Belgium defender Thomas Vermaelen, and the Dutch trio of Daley Blind, Stefan de Vrij and Kevin Strootman.

Woodward endured a trying first close-season last year, when United missed out on a succession of major targets, and he admits he still needs to prove his worth to the club's supporters.

"You gain credibility through experience and through time," said the former investment banker.

"You can't expect credibility from day one and I wouldn't ask that of the fans. You keep learning on the job and I'll continue to learn for a long period of time.

"I don't mind reading (criticism), because it's extremely important for me to listen to the fans. Criticism can change into positive comments over a period of time."


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...