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Man Utd chief Woodward hints little January spending

Manchester United vice-chairman Ed Woodward has hinted they do not expect to buy big in January.

Figures published show United had record income of £433.2million for the 2013-14 season, but that is expected to plunge to £395m because the club are not in the Champions League, from which they made about £55m last season.

Woodward gave the strongest indication yet that there will not be a further splurge in January to follow the £153.1m spent on Angel Di Maria, Daley Blind, Ander Herrera, Luke Shaw, Marcos Rojo and Radamel Falcao.

"We don't intend to significantly increase capital expenditure [by buying players] in January," he said during a conference call aimed at investors in the 10 per cent of the club that is traded on the New York Stock Exchange.

"We will continue to monitor in association with Louis his view of the squad and which areas we want to strengthen and which areas we want to sell. I wouldn't have expectations for January but if there is a willingness from the manager, we will engage with him and if there is an opportunity, we will try and take that as we did last January."

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