Moyes to get massive January transfer budget

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Manchester United will hand David Moyes a huge January transfer budget after the Old Trafford club reached a £300m kit sponsorship agreement with Nike.

According to The Metro, Moyes will be given as massive transfer kitty to spend in the January transfer window after United agreed the world-record kit deal.

Worth close to £62m-a-year, it's double the amount currently received by European giants Real Madrid and triple United's current agreement with the American sportswear company.

It should provide Moyes with a welcome boost as he looks to add to his squad in the January window. His only piece of notable business in the summer was the £27.5m signing of Marouane Fellaini.

But the club were linked with £34m and £28m moves for Sami Khedira and Ander Herrera respectively, so there is expected to be cash available for Moyes this winter.

Former-United assistant Mike Phelan said the club would have signed a world-class player over the summer had Sir Alex Ferguson still been in charge.

And the report claims it is still the club's intention to boost morale with a marquee recruit at the earliest possible opportunity.

The myriad of commercial deals signed by United should boost the transfer coffers, with the club reportedly set to open a New York office next month to expand their presence in the American market.

The agreed a sponsorship deal with US car giant Chevrolet this term - it will begin next season - which means United stand to earn more than £350m from 2014 through to 2021.

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