Gill: Funds are there for Fergie

Manchester United chief executive David Gill insists there is money available should Sir Alex Ferguson want to dip into the transfer market.

The Red Devils have not splashed out so far this summer with certain sections of the supporters becoming frustrated that the owners of the club are not freeing the necessary funds for a big-name signing.

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This comes after the Old Trafford outfit opted to sell star man Cristiano Ronaldo for a big fee last summer, but have not used the money to go back into the market.

United have spent £20million on new players already, though, with former Fulham defender Chris Smalling and Mexico striker Javier Hernandez agreeing moves earlier in the year.

The likes of Germany playmaker Mesut Ozil, Holland midfielder Wesley Sneijder and Real Madrid striker Karim Benzema have all been linked with a switch to Manchester, and Gill has reiterated that manager Ferguson has money to spend.

"The money is there if we believe there is a player who can improve what we believe is a very good squad," he told the Manchester Evening News.

"The team has been together for a number of years and done very well. In order to improve it a player has to be of a very high quality."

Gill would not be drawn on who the club are targeting as possible signings, but revealed United have been on the look-out for new faces.

"We are always looking at players," he added. "We are looking 365 days a year - it doesn't just start when the transfer window opens.

"We are looking at it. We studied a lot of players at the World Cup, but we knew about a lot of them before that.

"Overall I think Sir Alex is very comfortable with the squad composition. That's not to say something won't happen, but I think it is a 'might', not a 'will'.

"We will see what happens over the next six weeks."