Manchester United to reduce transfer activity

by

February 10, 2017
Manchester United's Memphis Depay (right), fights for the ball against Newcastle's Chancel Mbemba during the English Premier League match between Manchester United and Newcastle at Old Trafford Stadium, Manchester, England, on Saturday, August 22, 2015. Manchester United sold Depay last month. (AP Photo)

MANCHESTER (AP):

Manchester United is set to reduce its activity in the transfer market following several overhauls of the squad since Alex Ferguson's retirement in 2013.

United has spent about 500 million pounds on new players under David Moyes, Louis van Gaal and current manager JosE Mourinho, although the club hasn't finished in the top-three of the Premier League in the last three seasons.

Ed Woodward, United's executive vice-chairman, told investors yesterday that "we aren't in a position necessarily where we have to churn a large number of players. We want to get to a more steady state, and to be buying and potentially selling a lower number of players each year".

United sold two midfielders - Memphis Depay and Morgan Schneiderlin - and didn't buy a player in January.

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