The moment has come, Manchester United are push the button for the transfer of  Welshman Gareth Bale.

Manchester United are ready to splurge on a world class player like  Gareth Bale, after the club admitted they would back David Moyes if he wants to sign a ‘stellar player’ this summer.

New manager Moyes has only made one signing so far this summer, with Guillermo Varela joining for an undisclosed fee.

But the club’s chief executive Ed Woodward insists the resources are there to recruit top-drawer talent and said they are ‘absolutely’ able to compete for players in the £60million-£70million bracket.

‘We haven’t got money burning a hole in our pocket but we have got a strategy on player purchases and if David wants to go after a stellar player he can do that,’ he said.

United have been linked with Tottenham star Bale – a player that Moyes’ predecessor Sir Alex Ferguson tried to sign in 2007 before he joined Spurs – and there has also been speculation regarding a sensational bid to re-sign Ronaldo, who left United for Real Madrid in 2009 for a world-record £80million fee.

Manchester United have also been strongly linked with Thiago’s club-mate Cesc Fabregas and may now look to step up their interest in the former Arsenal captain, who would certainly fit the bill as a big-name recruit.

‘The way we worked with Alex was he would identify the transfer targets and take them to (joint chairman) Joel (Glazer) and (former chief executive) David (Gill), who would have discussions which ended with them backing him in the transfer market every single time and we see that continuing with David Moyes,’ Woodward added.

‘We could have broken the transfer record in the past if we’d wanted to. Alex may not have got all the players he wanted but that was never down to not releasing funds. There’s never been a cut-off price.’

Though Real Madrid have insisted Ronaldo is not for sale, it’s believed the Spanish giants would part with the Portuguese preener for an offer in excess of £75m. Similarly, Spurs remain adamant that it would need a bid of silly proportions for Bale to be on his way.

But addressing the press after the balls-up in Bangkok, Moyes hinted that the United board will give him what he wants in his first season in charge: “Isn’t it great that the club says, ‘There’s no budget here, you go get who you want to get, just go and do it’.” Pressed on whether Ronaldo and Bale were in his sights, the Scot replied: “I will not name anybody but certainly we are always looking at the best players.”

Tottenham star Gareth Bale

Tottenham star Gareth Bale has been linked to move to the Premier League champs recently.

Moyes recently revealed his plans to strengthen his squad, saying he needs to learn how to balance the team with the long list of fixtures they’ll be involved in this season.

He said: “It’s new for me having to manage a big squad and keep them happy, as Sir Alex did.

Manchester United’s record signing remains the 2008 acquisition of striker Dimitar Berbatov from Tottenham for £30.75million.

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