Ed Woodward has defended Manchester United's summer transfer activity and backed Ole Gunnar Solskjaer as the club's overall debt rose to £474 million ($621m).
United were expected to invest heavily in new additions to the squad after extending their trophyless run to three seasons in 2019-20.
Solskjaer was backed to the tune of over £150m ($196m) during his first full campaign in charge, with the likes of Harry Maguire, Aaron Wan-Bissaka and Bruno Fernandes proving to be valuable additions to the Norwegian's ranks.
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A third-place Premier League finish was seen as a step in the right direction for the Red Devils, although the general consensus was that more reinforcements would be needed to challenge the elite, with Borussia Dortmund's Jadon Sancho initially identified as their next priority target.