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Ed Woodward reveals Manchester United transfer plans

Manchester United executive vice-chairman, Ed Woodward has revealed the Premier League giants’ transfer plan for the near future.

The club executive explained that Manchester United have spent enormous amount of money since Van Gaal has taken over and they are looking to cut back on the spending.

Earlier today, reports emerged that Manchester United’s revenues have taken a 38 million pound hit due to the disastrous season under David Moyes.

Woodward claimed that after the signing this summer, the wage bill is likely to increase by 20 percent that the club will return to normal spending in future.