Ole Gunnar Solskjaer believes Manchester United are paying the price for Jose Mourinho and Louis van Gaal blowing £735million in the transfer market.
The United boss has confessed that the Reds can't afford to take chances on new players because his predecessors squandered a fortune on big-money flops.
Stars like Angel Di Maria, Romelu Lukaku and Alexis Sanchez were ditched after failing to live up to the hype – or justify their bank-busting wages.
And while angry fans are blaming executive chief executive Ed Woodward and the Glazer family who own the club for failing to bring in new signings to bolster Solskjaer's fragile squad during the summer, the Norwegian spelt out the stark financial reality he works under.
Van Gaal and Mourinho lavished almost £736million million on new signings in just four-and-a-half years – with mixed results.
And while Solskjaer insists that appointing a director of football to ease the burden on Woodward is not the answer, he accepts he is being hamstrung by previous blunders in the market.
Solskjaer said: “I don't want to talk about names who didn't have a successful career at Man United before moving on because there are different reasons for people not being a success at the club.
“But, yes, we now have to be very thorough and very sure when we put big money down for players.
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“They have to be right for the future, they have to be right for now, and they have to be right for the group that is already here.
“It's much more complex than just pointing a finger at a player and saying 'he's got the quality'.
“When you sign players you go into a thorough process to make sure the ones you bring in are right for the club.
“It's easy to pick out the best players in the world. Every club knows about them.
“The process of recruitment means it is vital to make sure that when you invest money it is well spent.
“I think the people we have involved to monitor and identify players are doing a good job.
“We've lost a few good players who have gone on to do well at other clubs – but we felt that we wanted to go in a different direction.
“When I came in, my view was that we had to give young players a chance, that we had to see if we could find something in our own ranks – and that has worked well.”
Solskjaer makes no secret of the fact that he wanted more signings after taking United back into the Champions League.
Jadon Sancho is his No 1 target, but with Borussia Dortmund refusing to budge on their £107million valuation of the England winger, it means £35million Donny van de Beek has been their only signing with the transfer window closing tomorrow (MONDAY).
Woodward has shelved plans to appoint a director of football to oversee transfer business – a development that was criticised during the week by Sevilla's renowned recruitment boss Monchi.
Solskjaer said: “There are always people who want to talk about how well they’re running things and how well they’re doing.
“We’ve all got different views on how football should be played and how clubs should be run.
“We’ve got good people running our club and there’s always discussions behind the scenes which people don’t know about.
“It’s a process the club is going through all the time, to see if we’ve got the right people in the right positions.
“It's not for me to talk about a sporting director. At the moment we’re working with this structure and I feel we saw a big improvement last year.
“Fans look at us and say we’re moving in the right direction so hopefully we can carry that on this season.”
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