Manchester United are ready to splash £50million this summer in order to keep their Premier League rivals behind them and have identified three main targets.

According to the Daily Mirror, Old Trafford manager Sir Alex Ferguson is keen to revamp his squad, despite only just taking the club to its record 20th Premier League title.

The report claims Ferguson is desperate not to give up the momentum of this season and wants improvements that will allow Manchester United a tilt at European glory.

Leighton Baines of Everton, Radamel Falcao of Atletico Madrid or Robert Lewandowski of Borussia Dortmund are the names the report claims are high on Ferguson’s list.

Interest in Baines is understandable as Manchester United do not appear to possess a long-term replacement for Patrice Evra at left-back.

Alex Büttner was signed in the summer but has failed to impress since his move from Vitesse.

Manchester United may have a little more trouble signing Falcao as Chelsea have been credited with a serious interest and are reportedly confident of signing him.

Meanwhile, the report also claims Nani, Anderson and Paul Scholes will all be leaving this summer, with the latter set to retire for a second time.

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