Fergie has been given the money after telling United’s board that he needs to spend big to strengthen his squad, according to The Sun.
Fergie will be looking to bring in some big players to replace legends Paul Scholes and Ryan Giggs, who are set to retire at the end of the season.
United lost 4-0 in the Carling Cup to West Ham on Tuesday night and the lack of depth in the squad at Old Trafford has been questioned.
