Updated: Dec 8, 2020
Ed Woodward who was appointed to the board of directors and named executive vice-chairman of Manchester United in 2012 revealed Manchester united are fighting for a top 3 finish come may 2015.
He revealed this while speaking at a press conference call to investors following the release of the club`s latest financial figures, in which Manchester United made a record annual revenue of £433.2m and profits of about £22.8m for the 2013/14 season.
We all know it was a disappointing season and arguably the worst campaign for quarter of a century for Manchester United , finishing seventh and failing to qualify for the champions league for the first time since 1995.
The transition from Sir Alex Ferguson to David was never going to be an easy one especially with the lack of signings and that proved to be the case.
Louis Van was appointed to replace and regardless of not having a win as of yet in the 2014/15 season, Woodward remains confident which is expected of Manchester United. When he was asked about the club`s expectations this season Woodward said "We assume third [place] in our budgets"
Manchester United spent £150m on new players this summer and finishing third would be a bounce back from seventh where they finished last season.
Ed Woodward also confirmed funds will be available if Van needs to add more players to his squad in January.
"We will continue to monitor, together with Louis, his view of the squad and continue to make assessments as to which areas of the squad we want to strengthen and, by extension, which areas we would look to sell," Woodward said.
"We feel like we've got to a level now where we've got a stable number back in the squad. We guided that usually three in, three out is par for the course every year and those typically are in the summer.
"But as we've demonstrated, if there is a willingness from the manager to do something, we will engage with him and see if there's something we can deliver.
“If January is the opportunity then you have to take it when it comes like we did last year with Juan Mata.
"The 2013/14 season was a very challenging and disappointing one. But under Louis [Van ] there is a real feeling at the training ground that we are at the start of something special.
"I'm confident with Louis as our manager, with a clear philosophy and a reinvigorated squad; we will get back to challenging for the title and trophies.
"His track record for delivering top level teams speaks for itself. We've had an excellent summer having signed Angel Di Maria, Daley Blind, Luke Shaw, Herrera, Marcos and on a one-year loan."
Ed Woodward also laid emphasis on the fact Manchester United have a growing market for football in the US and feels its an area where Manchester United would focus on to expand its commercial interests.
He also made mention of the club`s deal with Adidas and said "Commercially we continue to go from strength to strength. “The record deal with Adidas underpinned our attempts to compete for the next decade.
"The £750m Adidas deal is a record, not just in football, but in all sports. This is the culmination of four years of hard work. We had offers from more than 20 companies around the world.”
Manchester United F.C play Queens Park Rangers F.C. at Old Trafford on Sunday searching for their first three points of the season.
Written by @Chukkymufc