Manchester United vice-chairman, Ed Woodward, has disclosed that manager, Ole Gunnar Solskjaer, will get the financial backing of the club to sign players in the summer.
The club finished sixth in the Premier League this season to cap a frustrating campaign.
“The strength of our business means we have the financial resources to continue to provide backing for the manager and creating success on the pitch,” Woodward said.
“This has ever remains our number one goal.”
Solskjaer took over as caretaker boss in December, following the sacking of Jose Mourinho. The club went on a run of 11 games without defeat, of which they won 10.
However, after the Norwegian was appointed on a permanent basis in March, his side’s form collapsed and they finished five points off the top four, having won only two of their last nine games.
Solskjaer, whose side were 32 points adrift of champions Manchester City, has said it will “take a long time” for United to challenge for the Premier League title again.
The Old Trafford club last won the title in 2012-13, in Sir Alex Ferguson’s last season in charge. The club have now gone two seasons without a trophy, after their Europa League and League Cup triumphs in 2016-17.
“While the last few weeks were disappointing, we are delighted to have confirmed the appointment of Ole as our manager on a three-year contract,” Woodward added.
“Everyone at the club – the board, the manager, the squad and all the staff are resolute in our desire to get United back to the top of English football, we continually look to improve staff on and off the pitch to achieve this.”