Ed Woodward has insisted that Manchester United will be extremely busy in the summer transfer window in what is likely to be an unprecedented level of activity from the club.
His comments came with the release of new financial figures that showed despite poor on-field performances, United’s revenues for the three months to December were £122.9m, which is £12.8m up on the £110.1m from the same period in 2012/13.
United’s continued strong corporate performance means that David Moyes should have the financial backing of the club to go and completely overhaul a squad that is in dire need of major investment, something Woodward has singled out as the main priority.
“We aren’t afraid of moving in the market in a way that perhaps we haven’t seen in recent years.”
He said: “It’s fair to say we are focused on strengthening the squad. We are looking at some players in the squad as well that perhaps we will sell this summer. We wouldn’t necessarily be looking to churn a huge number of players as that can have a destabilising effect, but we aren’t afraid of moving in the market in a way that perhaps we haven’t seen in recent years.
“If you look at historic numbers [of new players recruited in previous summers] that gives you one guide; if you look at historic churning of players by numbers that gives you another guide. Historically we’ve had roughly three purchases and three sales each year and it’s possible that we would do more than that. But it is a dynamic situation and the market itself can throw up opportunities or the opposite of that as we go through the window.”
Comments about the summer transfer market are scant consolation to fans given the current situation of the club but it is the narrative we all want, and expect, to hear.
United’s shortfalls in recent transfer windows and a serious lack of investment in midfield is one of the cornerstones of our current malaise but at least the club has recognised it. Now all they have to do is follow through on their word.