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SBD Global/August 26, 2014/Finance

ManU To Continue Spending Spree Following Record-Breaking Signing Of Angel Di Maria

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ManU's signing of Angel Di Maria pushes its transfer spending past $280M this summer.
ManU's record-breaking £63.9M ($106M) capture of Angel Di Maria will take its "spending this year" to £170M ($282M), according to David McDonnell of the London DAILY MIRROR. ManU has not "finished yet, with a week left before the close of the transfer window." Di Maria, who will earn £190,000 ($315,000) a week on a five-year contract, will become the "latest player to join" Manager Louis van Gaal's "Old Trafford ­revolution as the club become the biggest spenders in Europe this year." ManU has brought in Juan Mata (£37.5M) ($62M), Ander Herrera (£28.8M) ($48M), Luke Shaw (£27M) ($45M), Marcos Rojo (£16M) ($27.5M) and now Di Maria, in '14, to "endorse their talk of spending big to improve" its squad. The signing of Di Maria represents a "major coup" for ManU Exec Vice-Chair Ed Woodward, who had "come under fire for a lack of adequate investment in the squad." Woodward had "always insisted there were significant funds" to spend on new signings (DAILY MIRROR, 8/24).
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