Ole Gunnar Solskjaer agrees Manchester United transfer budget with Ed Woodward

Ole Gunnar Solskjaer is keen to make three signings this summer (Picture: Getty)

Manchester United boss Ole Gunnar Solskjaer will be given £140million to spend this summer.

The Red Devils sealed a spot in next season’s Champions League with a 2-0 win against Leicester City on the final day of the Premier League season, which sealed a third-place finish for the Norwegian’s side.

A return to Europe’s elite competition means a boost to United’s revenues of around £120million and the club could ill-afford to miss out for a second season in a row, as it would have resulted in a drop in sponsorship.

United are targeting the likes of Jadon Sancho and Jack Grealish this summer and the Sun claim Solskjaer has agreed a £140m budget with the club’s board to pursue his targets.

Rather than target individual deals, United’s board allocate funds to the manager and it’s up to him to decide how best to spend the budget.

It means United are set to prioritise a move for Jadon Sancho. Dortmund are demanding upwards of £100m for the England winger but that would make a move for Grealish impossible as Aston Villa’s valuation of the midfielder is £75m.

Sancho wants to join United (Picture: Getty)
Villa are demanding £75m for Grealish (Picture: Getty)

United value Sancho at around £80m and an agreement around that region would leave scope to sign Grealish within the club’s valuation of the 24-year-old.

Beyond that, Solskjaer can top up his budget by selling off the likes of Chris Smalling, Alexis Sanchez, Phil Jones, Jesse Lingard, Diogo Dalot, Timothy Fosu-Mensah and Andreas Pereira.

United are willing to listen to offers for all seven players but it could be difficult to find buyers given the effect the pandemic has had on the market, as well as the salaries that United pay to their players.

Should United seal deals for Sancho and Grealish, Solskjaer will then target a centre-back.

The club have struggled in identifying suitable targets given the scarcity of centre-backs available in the market.

Solskjaer has high hopes for Axel Tuanzebe but the youngster has struggled with injuries throughout this term and won’t be fit again until next season.

The Norwegian wants a faster centre-back alongside Harry Maguire that would afford United to play a higher line next term.

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