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Giggs confident over youth policy

Ryan Giggs insists Manchester United will never abandon their traditions or their youth policy.

The former player - one of the United's greatest youth products - also hopes to manage the club again in the future.

Giggs had a spell as interim manager at the end of last season and, after retiring as a player, remains at Old Trafford as assistant to new boss Louis van Gaal.

Van Gaal's arrival over the summer coincided with the spending of £150million on new players.

With Academy graduate Danny Welbeck also being sold to Arsenal, there are fears priorities could be changing at a club with a proud record in youth development.

Giggs, speaking at the Soccerex Global Convention in Manchester, said: "The club will never change. The history of the club is to play exciting football, always give youngsters a chance, keep to the traditions of the club.

"Okay Danny has left, which is obviously disappointing because you never want to see a homegrown player leave but this is a manager who gave (Clarence) Seedorf his chance, (Patrick) Kluivert his chance, (Andres) Iniesta his chance, Xavi, Thomas Muller - he has got a track record of giving young players a chance."

Welbeck joined Arsenal earlier this month. Credit: PA

United paid £5.2m to Moyes and coaching team

Manchester United may have suffered a difficult time on the pitch last season but the club have reported a record annual revenue of £433.2million and a £23.9million profit for 2013/14.

Manchester United paid out £5.2m in compensation to David Moyes and some of his coaching team Credit: PA Images

The annual figures also show that the club paid out £5.2million in compensation payments to sacked manager David Moyes and some members of his coaching team.

The figures do not include any financial losses incurred from failing to qualify for Europe for this season.

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Man Utd to assess Jones injury

Manchester United defender Phil Jones is expected to meet with the club's medical staff on Tuesday as the Red Devils wait to discover the extent of the injury he sustained on England duty.

Phil Jones limps off during England's 2-0 win over Switzerland Credit: PA Images

Jones limped off in the 77th minute of Monday's 2-0 Euro 2016 qualifying victory in Switzerland due to what appeared to be hamstring problem.

No confirmation has been forthcoming from the Football Association on the matter and United will be eager to assess the 22-year-old when he arrives back in Manchester.

The Old Trafford outfit, without a win to their name yet this season after four matches in all competitions under new boss Louis van Gaal, are next in action when they host QPR in the Barclays Premier League on Sunday.

Several United players could make debuts in the match, including Jones' fellow England defender Luke Shaw, who it is understood is now fit and ready for selection.

Left-back Shaw has been unable to make a competitive appearance for his new side following a summer switch from Southampton having suffered a hamstring injury of his own in August.

There could also be United bows on Sunday for another defender in Marcos Rojo, with the necessary paperwork for him to do so now signed off, plus the versatile Daley Blind and striker Radamel Falcao, the two transfer deadline day recruits.

Falcao age rumours "not an issue" - United

Manchester United insist there is no issue with regard to the age of their new striker Radamel Falcao.

Falcao, who United signed on a season-long loan deal from Monaco on transfer deadline day, has denied reports he is two years older than he claims, which would make him 30 rather than 28.

Such talk has surrounded the Colombia international for some time and in 2013 he addressed the matter on Twitter, stressing the speculation was "completely ridiculous".

He has also previously released a copy of his birth certificate in a bid to prove he is the age he says he is.

United have now played down the idea of Falcao lying about how old he is, saying there has not been a problem on that front as far as the club are concerned.

"We were aware of the rumours at the time and it was never an issue," a club spokesman said.

Falcao could make his United debut in Sunday's Barclays Premier League home clash with QPR.

Petrucci departs Old Trafford

Davide Petrucci in action for United. Credit: PA

Italian midfielder Davide Petrucci has joined Romanian club CFR Cluj after being released from his Manchester United contract by mutual consent.

The 22-year-old moved to United from hometown club Roma in 2008 but was unable to break into the first team at Old Trafford and spent time out on loan at Peterborough, Royal Antwerp and Charlton.

A United statement read: "Everyone at Manchester United would like to wish Davide well at his new club."

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