Arturo Vidal is just one of Manchester United's numerous transfer targets[GETTY]
In an interview with the club's television channel, the Old Trafford supremo confirmed that Louis van Gaal can spend as much as he likes on new players with deals for Ajax full-back Daley Blind, PSG striker Edinson Cavani, Roma midfielder Kevin Strootman and Juventus' highly-rated Chilean Arturo Vidal rumoured to be in the pipeline.
And according to reports in Spain, United's transfer splurge is set to continue this week as an agreement has been struck between United and Borussia Dortmund for Mats Hummels and the move could be confirmed sometime this week.
Woodward's interview should comfort United fans who were worried by van Gaal's statement that he will give his current squad three weeks to impress him before he makes any transfer moves.
"There is no fixed budget. Financially we are extremely strong, we have funds available," he told MUTV from their pre-season tour in America.
"Louis is the boss and is assessing what's going on but we have been in dialogue for some time about targets so there is a lot of work going on behind the scenes... we're continuing to move forward on some of those targets... so watch this space.
"The time he [Van Gaal] spends here as well [in America] he'll be able to assess more what he's got and continue to tweak the decisions if we need to.
"We want to do what it takes to win the title."
Woodward revealed he has been working hard on transfers this summer and that numerous players still regard United as the biggest draw in football.
He said: "I've experienced a lot of conversations with agents and players and we are still a huge attraction to top football stars around the world - there is no doubt about that.
"We've already invested in two new fantastic players."
Arturo Vidal is just one of Manchester United's numerous transfer targets[GETTY]
In an interview with the club's television channel, the Old Trafford supremo confirmed that Louis van Gaal can spend as much as he likes on new players with deals for Ajax full-back Daley Blind, PSG striker Edinson Cavani, Roma midfielder Kevin Strootman and Juventus' highly-rated Chilean Arturo Vidal rumoured to be in the pipeline.
And according to reports in Spain, United's transfer splurge is set to continue this week as an agreement has been struck between United and Borussia Dortmund for Mats Hummels and the move could be confirmed sometime this week.
Woodward's interview should comfort United fans who were worried by van Gaal's statement that he will give his current squad three weeks to impress him before he makes any transfer moves.
"There is no fixed budget. Financially we are extremely strong, we have funds available," he told MUTV from their pre-season tour in America.
"Louis is the boss and is assessing what's going on but we have been in dialogue for some time about targets so there is a lot of work going on behind the scenes... we're continuing to move forward on some of those targets... so watch this space.
"The time he [Van Gaal] spends here as well [in America] he'll be able to assess more what he's got and continue to tweak the decisions if we need to.
"We want to do what it takes to win the title."
Woodward revealed he has been working hard on transfers this summer and that numerous players still regard United as the biggest draw in football.
He said: "I've experienced a lot of conversations with agents and players and we are still a huge attraction to top football stars around the world - there is no doubt about that.
"We've already invested in two new fantastic players."
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