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Manchester United 'will hand Erik ten Hag a SUBSTANTIAL transfer budget' this summer, with 'plans to sign Harry Kane, Declan Rice and John McGinn'... as a dozen players face the axe at Old Trafford to free up wage bill space

Manchester United will reportedly hand incoming manager Erik ten Hag 'substantial funds' to overhaul his squad this summer with plans to launch moves for Harry Kane, Declan Rice and John McGinn.

As Sportsmail reported on Wednesday night, the Red Devils are closing in on a deal to make the Ajax boss their new manager.

Talks have been held with the Dutch club to establish the terms for Ten Hag’s release as United take a significant step towards appointing the 52-year-old as the long-term replacement for Ole Gunnar Solskjaer.

Manchester United will reportedly hand Erik ten Hag 'substantial funds' to overhaul his squad
Kane is a target and wanted to leave Tottenham last year
Rice could have his head turned by the Red Devils if they can offer Champions League football

Harry Kane and Declan Rice are United's two main targets with a striker and midfielder needed

John McGinn of Aston Villa is seen as another midfield option should a move for Rice fail

Those discussions took place at the end of last week and indicate that United are now ready to press ahead with bringing in Ten Hag, whose Ajax contract expires at the end of next season.