Ferguson is handed ‘significant’ transfer funds

MANCHESTER UNITED commercial director Andy Anson yesterday revealed Alex Ferguson has been armed with a “significant” transfer kitty to rebuild his midfield - but confirmed no new funds would be made available from the club’s new sponsorship deal.

American International Group will be United’s sponsors for the next four years after agreeing a British record £56.5 million (€81.4m) deal, raising hopes among fans that Ferguson would be given more money to spend in the summer.

But while Anson stressed the capital will be poured into the club’s coffers in the short term, he insists the Glazer family are happy to bank-role big-money moves for world-class players.