Manchester United had to reduce the amount it is willing to spend on new hires this summer after the coronavirus pandemic caused cash flow problems at professional football clubs around the world.
The Red Devils have received much applause for the way they have handled their business since the Premier League season was postponed.
United has refused to use the government's license scheme and continues to pay its staff in full.
Players also receive their entire salaries, although other sides have agreed to cut wages.
This shows how strong United's financial power really is, however, they should be affected in the summer transfer window.
According Evening Standard, Ed Woodward will not sanction any transfer that costs more than £ 60 million.
United were expected to break its record fee, which was £ 89m spent on Paul Pogba.
Borussia Dortmund striker Jadon Sancho is linked to a £ 100m exchange, while Tottenham is demanding £ 200m from Harry Kane.
Woodward issued a stern warning earlier this week, insisting that the club will not enter the market with a transfer test.
There are hopes that players' value will decline as teams seek quick sales to help their financial situation in the short term.
This means that there may be some bargains at the end of the season.
Ole Gunnar Solskjaer also has names like Aston Villa Star Jack Grealish and James Maddison of Leicester on his radar.
But Woodward will not be forced to spend an extortionate amount on new recruits.
The executive vice president said: "No one should be under any illusions about the scale of challenges everyone faces in football and it may not be a normal business for any club, including us, in the transfer market this summer.
“As always, our priority is team success, but we need visibility into the impact across the industry, including transfer window times and the broader financial landscape, before we can talk about a return to normal.
"Based on that, I can't help feeling that speculation about transfers of individual players for hundreds of millions of pounds this summer seems to ignore the realities that the sport faces."