Manchester United manager David Moyes will have money at his disposal as executive vice-chairman Ed Woodward admits there will be big changes in the summer

Woodward address United's current decline in form and reveals that fans can expect a higher than average turnover of players when the summer transfer window opens

Manchester United executive vice-chairman Ed Woodward has insisted that the club should maintain their challenge for silverware despite the poor start to life under David Moyes.

Woodward was speaking to the club’s shareholders after revealing record second-quarter revenue results, in which he admitted that the entire club is “disappointed” by their current form and league position.

He did go on to reveal that funds would be made available for Moyes to significantly strengthen his side when the summer transfer window opens, in an effort to rectify the unusual position that the club finds themselves in.

“The long-term strategy is to build a competitive squad that can challenge for trophies,” Woodward admitted.

“We have the ability to do that. We can buy players to compete at the top level, which is what we should be doing.”


Woodward went on to confirm that fans could see a much larger movement in the transfer window than they are used to, with the club prepared to go beyond their claimed average of bringing in three players while allowing another three to move on.

“We are focused on strengthening the squad,” said Woodward.

“We will sell some. We wouldn't look to churn a huge number but equally, we are not afraid of moving in the market in a way we haven't seen in previous years.

“It has tended to be three sales and three purchases but it is possible we will do more than that.”

It is worth noting that as things stand, United are already expected to lose Nemanja Vidic, Rio Ferdinand and Patrice Evra among others as their contracts are due to expire at the end of the season.

The £37.1m signing of Juan Mata may have had an impact on the pitch given his three assists in as many matches, but it is nothing compared to his effect on United’s Twitter account, which Woodward confirmed received 28,000 more followers in the week of his acquisition.

It was this global support that Woodward stressed would remain even if United went through a rough patch, although he claimed that he did not see the club going through a prolonged period without success.

“It has taken a long time to build our huge fan base,” said Woodward.

“That will not go away for a long time. Some of our competitors have not won the league for a long time and they still sell a lot of shirts - one of them is just down the road.”

Suggested Topics
peopleFrankie Boyle responds to referendum result in characteristically offensive style
Life and Style
Couples have been having sex less in 2014, according to a new survey
New Articles
i100... with this review
Have you tried new the Independent Digital Edition apps?
Holly's review of Peterborough's Pizza Express quickly went viral on social media
footballTim Sherwood: This might be th match to wake up Manchester City
Arts and Entertainment
musicHow female vocalists are now writing their own hits
New Articles
Arts and Entertainment
musicBiographer Hunter Davies has collected nearly a hundred original manuscripts
Blahnik says: 'I think I understand the English more than they do themselves'
Arts and Entertainment
Michelle Dockery as Lady Mary Crawley in Downton Abbey
TVInside Downton Abbey series 5
Life and Style
The term 'normcore' was given the oxygen of publicity by New York magazine during the autumn/winter shows in Paris in February
fashionWhen is a trend a non-trend? When it's Normcore, since you ask
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam