United revealed on Friday full-year operation profit of £100million, but they suffered an overall loss of £83.64million.
He said: “We are not a club that needs to sell. We have money in the bank so there is zero pressure on that, no pressure at all to sell any star player whether it is Wayne Rooney or X,Y or Z. I can categorically say that.
“There was no desire at all from anyone at the club to sell Cristiano (Ronaldo) – he wanted to go and as a result we managed to extract a world record fee.
“The philosophy is to retain and attract the best players. We have £165million in the bank but in some ways we would prefer to have £80million in the bank and Ronaldo on the pitch.
“There are very good results for the club with records here, there and everywhere but they are complicated with non-cash items and exceptional one-off hits.”
