Falcao completes £150m United spending spree

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The summer transfer window closed in dramatic fashion with Manchester United announcing the signing of Radamel Falcao from Monaco on a one-year loan deal.

United have the option to make the move permanent at the end of the loan period with the 28-year-old rumoured to be receiving in excess of £300,000 per week. With a fee of between £5-6million, the last-ditch deal took United?s expenditure close to £150m during the summer.

With new coach Louis van Gaal wasting no time in rebuilding his United squad, England striker Danny Welbeck was deemed surplus to requirements and sold to Arsenal for a fee believed to be in the region of £16million. Also heading for the exit door was Javier Hernandez who joined Real Madrid on loan.

Falcao missed out on Colombia?s World Cup bid due to a knee injury and that has to be a slight concern for his new club. He is unquestionably one of the top strikers in the game but questions are already being asked about United?s policy.

Old Trafford?s loyal following have always sneered at Manchester rivals City for ?buying? a title winning side but it appears the boot is firmly on the other foot. Falcao was joined by £14million Ajax defender Danny Blind as the deadline approached, United having already purchased Ander Herrera, Luke Shaw, Marcos Rojo and British record signing Angel di Maria.

David Moyes was sacked for his failure to keep United in contention in the Premier League title race and failure to qualify for Europe. Although he inherited a League winning team, it is now apparent that it was in desperate need of the type of overhaul now being implemented by Van Gaal. The high profile signing of Juan Mata from Premiership rivals Chelsea failed to arrest the slide out of a European qualification place.

Despite some encouraging performances in the pre-season friendlies, The team have managed just two points from their first three league games under Van Gaal. They also suffered the humiliation of losing 4-0 to League One side MK Dons in the Capital One Cup.

It appears that United are putting all of their faith in the Dutch boss and he has been promised further funds in January if required. Kevin Strootman of Roma is apparently being monitored as he returns from a serious knee injury and Van Gaal has certainly not ruled out further investment.

While Chelsea and Manchester City have long been regarded as the big spenders in the Premier League but it is now United that are making the headline deals. Their summer spending spree rivals the likes of European giants Real Madrid and Paris St Germain. Van Gaal insists that he has a three-year-plan to take United back to the top, starting with qualification for the Champions League. Time will tell whether or not they have invested wisely this summer.