Manchester United manager Sir Alex Ferguson is believed to be in the process of receiveing over £50 million to splurge on the transfer market. And the Daily Mail claims that the Red Devils boss is targeting a £20m move for Liverpool goalkeeper Pepe Reina, as a replacement for Edwin van der Sar.

The Dutchman is widely expected to hang up his gloves at the end of the season, but it has been reported that Ferguson is willing to wait until the summer to swoop for the Spaniard. United have also been linked with a move for Atletico Madrid's young shot-stopper David De Gea, who has been appreciative of the interest that the club have shown in him.