Manchester United will be looking to make a significant number of transfers this summer in an attempt to improve a side which has performed very poorly this season.
One area in which they will be looking to strengthen is defence. With Nemanja Vidic leaving for Inter Milan at the end of the season, and Rio Ferdinand and Patrice Evra nearing the end of their careers, a complete defensive rebuild seems likely.
And it looks like United's first target is Southampton's 18-year-old left-back, Luke Shaw.
As reported by Adrian Kajumba in the Daily Star, United are prepared to make Shaw the highest-paid teenager in Premier League history:
David Moyes is prepared to pay the 18-year-old a staggering £75,000-a-week to join United in the summer.
That would top the £60,000-a-week deals United’s Adnan Januzaj and Arsenal’s Alex Oxlade-Chamberlain have signed as teens and see Shaw almost quadruple his current Southampton wages.
But United are determined to pay whatever it takes to capture the £30m-rated defender.
United's poor form this season means it is highly unlikely that they will be playing Champions League football next season, making money the key to bringing top players to the club.
With the likes of City and Chelsea also interested in Shaw, Moyes will need to top the wages those two sides are prepared to offer.
But Shaw looks to be worth it. For a player so young, he already has a wealth of Premier League experience and has been part of a very strong Southampton defence this season.
He also made his international debut in England's 1-0 friendly win over Denmark on Wednesday.
Moyes will be keen to secure the signing of Shaw early as his value is likely to rise if he performs at this summer's World Cup in Brazil.
Without the draw of Champions League football, United have lost one of their key bargaining chips when it comes to luring players to Old Trafford.
If United can beat City and Chelsea to the signing of Shaw early in the transfer window, it will signal their intent to continue competing with the top clubs.
The Red Devils will have to be prepared to splash the cash but if Moyes can mastermind an effective rebuild, beginning with the likes of Shaw, then it will be worth it.
And it seems that 50-year-old Moyes may well be given the financial clout to compete in the transfer window:
If they beat Chelsea and City to the signing of Shaw, it may well be a sign of things to come.
But without big money offers, United will win very few battles in the transfer window.