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Manchester United have reportedly signed a huge £300M kit sponsorship deal with sportswear giants Nike.

The contract would equal the Premier League record deal signed between Chelsea and Adidas earlier this year.

The new United deal, reported by the Sun, would potentially bolster the cash available to Red Devils' boss David Moyes to rebuild his side - which has struggled for form this season.

If sufficient funds were made available to the manager he could go after the star names he tried and failed to sign in the summer.

Moyes is already expected to go back in with a new bid for Everton and England left back Leighton Baines in the January transfer window.

But with tens of millions of pounds in the kitty, he could bid for some of the biggest stars in Europe, including Borussia Dortmund's Polish striker Robert Lewandowski and even make another move for Barca midfielder Cesc Fabregas.

United's failure to sign big names in the summer window has been seen as an embarrassment for the club - and something Moyes and chief executive Ed Woodward will want to put right.

United's key summer buys have yet to make a serious impact, with Marianne Fellaini still settling in at United and Wilfred Zaha yet to make his debut for the club.