Woodward: Depay just the start

The 43-year-old has assured supporters the squad will have appropriate depth to compete for the Premier League, Champions League and domestic trophies next season.

Woodward spoke of his excitement at capturing Depay and and a new commercial deal with Adidas to supply the club???s kit for the next 10 years.

Woodward said: “The squad will be absolutely deep enough and ready to challenge on all fronts and all competitions next year. That will as ever involve some ins and outs which we will not guide on.

“We are delighted with the progress made under Louis as first-team manager. With two games remaining we are well-positioned to achieve a top-four finish in the Premier League and therefore return to European football next season.

“In regards to this summer’s transfer activity we have already started implementing our plans and last week announced that Memphis Depay, viewed as one of the most exciting young players in Europe, will be joining the first-team.

“We expect to be active again during the window, but it’s too early to give guidance on transfers or wages at this point.”

“As we look forward to next season, on the playing side we expect to be challenging for trophies in all competitions and on the commercial side we are excited by the numerous opportunities for further growth, including the first year of our 10-year partnership with Adidas.

“We remain confident about the future of our business. Our commercial revenues were up year over year and we are raising EBITDA guidance for fiscal year 2015 from #90-#95 million to #103-#110 million.”