Manchester United latest: van Gaal update and new Shaw bid readied

News, views and rumours relating to Manchester United in the past 24 hours.

Louis van Gaal won’t be announced as new Manchester United manager until next week according to reports.

The Daily Mail suggests the club have yet to agree terms with the 62-year-old Netherlands coach. However, it is expected interim manager Ryan Giggs will be appointed as assistant manager by the Dutch master, following ‘talks’ yesterday.

Veteran defender Rio Ferdinand has backed Louis van Gaal to be a success at United. "He seems very strong and direct, has a good understanding and knowledge of what he wants to do and doesn't deviate,” explained Ferdinand.

"You need to be like that at a club like Man United.”

In transfer news, United are linked with a £25 million bid for Kevin Strootman. The Red Devils had previously been heavily linked with the Dutch midfielder prior to his move to Roma but it is expected the imminent arrival of Netherlands national boss Louis van Gaal could see United reignite their interest in the 24-year-old.

Meanwhile, United are ready to offer £30 million for Luke Shaw, according to reports. The Red Devils are heavily linked with the Southampton fullback and England starlet after reports last week the club had a £27 million bid rejected.

In other news, the club have announced a rise in profits and revenue – for the last three months to the end of March 2014, the club made £11 million in profit, up from £3.6 million for the same period in 2013. Revenues for the same period were recorded at £115.5 million.

Finally, chief executive Ed Woodward has promised investment in the squad at Old Trafford this summer following the release of the club’s financial success this term.

“This puts us in a healthy financial position to continue to invest in the squad," he said.

“Everyone at the Club is working hard to ensure the team is back challenging for the title and trophies next season.”

Register for MANCHESTER UNITED team updates

Register for HITC Sport - Daily Dispatch