Having failed to qualify for the Champions League, Manchester United have accepted that this just wasn’t their season.
Louis van Gaal has leapt to the defence of Manchester United’s executive vice chairman Ed Woodward over the handling of club transfers after Spanish striker chose Chelsea over the 20-times league champions.
The club spent just over £150million in the summer window to recruit star names including World Cup runners-up Angel Di Maria and Marcos Rojo.
New United boss Louis van Gaal brought in an array of stars in the transfer window, including Daley Blind, Angel Di Maria and Radamel Falcao.
Net income for the Red Devils has fallen an extortionate 84% for the year to £23.8million from £146million this time last year.
Mistakes have been made at Manchester United… but they will be the last, promises Sir Bobby Charlton
Charlton, who described new manager Louis van Gaal as a ‘really clever man’, says this year’s morale-boosting pre-season tour will work wonders on United.
United executive vice-chairman Ed Woodward says he’s looking forward to working with manager Louis van Gaal though he may not have it as easy as he would like.
Watch this space: Manchester United’s Woodward ‘willing to invest’ as Van Gaal looks to strengthen squad
United have already signed Luke Shaw and Ander Herrera in the transfer window and will be looking to strength their squad further before the new Premier League season starts.
Will Manchester United spend the funds they need to in order to get back to the top of the Premier League or will their owners think twice about spending so much?
‘We can be Manchester United again’: Juan Mata confident of bringing glory days back to Old Trafford
The Reds were a shadow of the team that claimed their 20th Premier League crown the previous year, exhibiting the worst title defence since Blackburn Rovers in 1995-96
Focus is on profits not performance at Old Trafford.