Manchester United remain committed to “competing and winning trophies at the highest level”, a club spokesman has said, while the club also intend to continue investing heavily in the squad.
The Red Devils have gone two years without major silverware and could only muster a sixth-place finish in the Premier League last season.
Little encouragement is being offered at present to a disgruntled fan base, with calls for Ole Gunnar Solskjaer to be sacked emerging on the back of a 2-0 defeat at West Ham.
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Many United fans fear the club are in danger of regressing even further, with too much emphasis placed on commercial agreements and money-making enterprises off the field.