Manchester United have been given permission to break the current £86million world transfer record held by Gareth Bale in order to strengthen the squad, Guardian reports.
Real Madrid purchased Gareth Bale from Tottenham Hotspur for a staggering £86million, eclipsing the £80million fee for Cristiano Ronaldo four years earlier.
And prior to Man United’s pre-season friendly with LA Galaxy, newly appointed manager Louis van Gaal has been told he is allowed to buy whoever is necessary, with money not being an issue.
“It’s difficult to deal in hypotheticals based on lots of different things,” Ed Woodward said.
“The reality is that we’re not afraid of spending significant amounts of money in the transfer market.”
The club’s executive vice-chairman added: “Whether it’s a record or not doesn’t really resonate with us. What resonates is an elite player that the manager wants who is going to be a star for Manchester United.”
The Red Devils have already spent £28.5million on Athletic Bilbao midfielder Ander Herrera and £27million on Southampton left-back Luke Shaw, but will continue this spree to land the right players.
“Of course it’s in our capabilities,” he said. “You guys think about the money in a way that I don’t. 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.
“I stand by what I said – there is no budget. We are in a very strong financial position. We can make big signings.”