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Manchester United 'set aside £70m budget for January window'

:Headline: Manchester United 'set aside £70m budget for January window':
Manchester United are in a position to spend £70m during the January transfer window, according to a report.
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Manchester United are reportedly in a position to spend £70m during the January transfer window.

The Red Devils brought Jadon Sancho, Raphael Varane and Cristiano Ronaldo to the club over the summer, and head coach Ole Gunnar Solskjaer is being expected to oversee a title challenge this season.

However, the 20-time English champions have fallen five points off the top of the table in recent weeks, having taken just one point from their last three league matches.

Man United allegedly have no plans to sack Solskjaer as manager despite the disappointing run of form, with the Norwegian retaining the full support of the club's board.

According to the Daily Star, the Red Devils can spend up to £70m on new signings during the January transfer window, but Solskjaer will only have access to the funds if the club are in a position to launch a serious title challenge in the second half of the campaign.

The report claims that the amount of financial backing depends on the team's position in England's top flight at the turn of the year.

Man United will be looking to bounce back from Saturday's 4-2 loss at Leicester City in the Premier League when they host Atalanta BC in the Champions League on Wednesday night.

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Premier League Table
TeamPWDLFAGDPTS
1Liverpool19144147192846
2Arsenal20117239182140
3Nottingham ForestNott'm Forest20124429191040
4Chelsea20106439241536
5Newcastle UnitedNewcastle20105534221235
6Manchester CityMan City2010463627934
7Bournemouth209653023733
8Aston Villa209563032-232
9Fulham207943027330
10Brighton & Hove AlbionBrighton2061043029128
11Brentford208393835327
12Tottenham HotspurSpurs20731042301224
13Manchester UnitedMan Utd206592328-523
14West Ham UnitedWest Ham206592439-1523
15Crystal Palace204972128-721
16Everton193881525-1017
17Wolverhampton WanderersWolves2044123145-1416
18Ipswich TownIpswich2037102035-1516
19Leicester CityLeicester2035122344-2114
20Southampton2013161244-326
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