Manchester United manager Ole Gunnar Solskjaer has announced his desire to invest in the summer transfer window ahead of the 2020-21 campaign.

The Red Devils have been linked with big-money moves for the likes of Jadon Sancho and Jack Grealish in recent months, although the financial implications of the coronavirus pandemic are likely to lead to drastic changes in the transfer landscape.

Nevertheless, Solskjaer has confirmed that he is ready to make the changes to the United squad that he feels are necessary for the side to compete for Premier League glory in the not-too-distant future.

"Obviously Manchester City and Liverpool the last couple of seasons have put the standard where it should be to win the league," Solskjaer said in quotes attributed to the Evening Standard.

"We've developed over the season and now we had a spell of 11 unbeaten and now you add Paul Pogba and Marcus Rashford to that and you're thinking, 'Yeah, we're not too far away' and I'm very happy with the squad.

"If there are any good deals to be made and players to make us better of course we might have to spend some money on that, but the squad is great to work with and it's moving in the right direction.

"We're still not where we want to be, close enough to challenge for the Premier League trophy, but we take one step at a time.

"Hopefully we can challenge for the Europa League and FA Cup this season and top four and then let's see how much we can invest for next season."

United, who currently lie fifth in the Premier League table, will face off against fellow European hopefuls Sheffield United at Old Trafford on Wednesday evening.