Manchester United executive vice-chairman Ed Woodward failed to mention under-fire manager Louis van Gaal as he discussed record quarterly revenues with the clubs investors on Friday. United are on course to become the first British club to earn more than £500m in a single year, after announcing record revenues of £123.4m - up 29.9 per cent from last year - for the third quarter of 2016.But that success off the pitch has not been matched by the teams fortunes on it, with United trailing rivals Manchester City by two points in the race for fourth place heading into their final Premier League game of the season at home to Bournemouth on Sunday, live on Sky Sports 1 HD from 2.30pm. The clubs damaging 3-2 defeat at West Ham on Tuesday has piled pressure on the Dutchman as United face up to the prospect of missing out on Champions League football for the second time in three seasons. Woodward touched on a variety of topics in his nine-minute conference call with investors as he outlined Uniteds willingness to spend this summer, while also praising the clubs youth academy, but did not refer to Van Gaal at any point.There has been a continued inflation in player transfers, given the increase in money flowing around the industry, Woodward explained. It is the heart of the club. It is in our DNA. That will help in terms of net transfer spend. Ed Woodward on Man Utds academy You know as a club, we will always invest in the squad to the extent that we feel we need to so that were challenging for titles.But I think this sustained level is probably relatively high compared to what is needed.The academy is helping us in terms of net transfer spend. The market has become more competitive.It is the heart of the club. It is in our DNA. That will help in terms of net transfer spend. Louis van Gaal watches United lose to West Ham on Tuesday Uniteds transfer spending since Van Gaal succeeded David Moyes has been mammoth, with the Dutchman allowed to spend more than a quarter of a billion pounds on 12 new players as he has completely overhauled the squad.But that outlay has not translated into improved performances on the pitch with Van Gaals side, who are on course to shatter the clubs record total for fewest goals scored in a Premier League season, trailing champions Leicester by 17 points heading into the final weekend.Woodward admits it has become far more difficult for teams to simply spend their way out of trouble.I have to say it has become more competitive, Woodward conceded. It became more competitive when Chelsea had a change of ownership 13 years ago, it obviously got more competitive when Manchester City changed ownership about five years ago. Record revenue for United Manchester United announce record quarterly revenue The last round increase [of TV rights money] was 70 per cent domestically. Obviously were in the last year of that cycle, and visibility into the next years cycle - from domestic money going up by a similar percentage - obviously makes all the other clubs more competitive in the Premier League.But I think the way we view it is that we know we have strengths and we have to focus on giving ourselves the best chance in every single area of the club that we can.Yes, thats the academy, but it also means in recruitment, it means the coaching staff, it means having the best medical department, sports science facilities, etc. Its trying to get the extra one per cent from all of those areas that influences and impacts the first-team. WBA lightweight champion and Manchester United season ticket holder Anthony Crolla gives his thoughts on a tough season for the club Also See: Record revenue for United Merse: United must get Mourinho Chelsea beat United on shirt sales Crolla: Time for LVG to go Cheap Nike Shoes Wholesale .Y. -- Sabres forward Drew Stafford has witnessed plenty of turmoil during his eight seasons in Buffalo. Cheap Nike Shoes Online . The Canadian squad, skipped by Jennifer Jones of Winnipeg, got on the board first with two in the second end, and followed that with two more apiece in the fourth and sixth ends. http://www.wholesalenikeshoesfreeshipping.com/ . Inter president Erick Thohir says in a club statement on Wednesday that Vidic is "one of the worlds best defenders and his qualities, international pedigree, and charisma will be an asset. 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In response, Services began solidly, ending the day on 77 for no loss. However, there was a moment of concern for Services, with Anshul Gupta having to retire-hurt.A few kilometres south of BKC, Rituraj Singh, who has moved from Rajasthan to Goa, inflicted a big collapse on Kerala as they went from their overnight 290 for 2 to 342 all out at the Brabourne Stadium in Mumbai. Riturajs 7 for 42 were his best first-class figures. He bowled nice controlled outswing, according to an expert present at the venue, as Kerala lost their last eight wickets for 41 runs. Five of Riturajs victims were caught behind.As many as seven of Goas batsmen reached double figures, but nobody crossed 33. At stumps, they were 169 for 6, with Saurabh Bandekar and Shadab Jakati, unbeaten on 22 and 19, holding the key for first-innings points.Beginning the day on 99, Rajat Paliwal, who has moved from Services to Haryana, ended six short of a double-hundred as Haryana piled on 502 against Jammu & Kashmir in Cuttack. He was helped along by No. 10 Sanjay Pahal, who scored 59 and was part of a 123-run ninth-wicket ppartnership with Paliwal.ddddddddddddPahal also added 25 with Mohit Sharma for the last wicket, before removing J&K opener Umar Nazir in the first over. Shubham Khajuria (48*) and Pranav Gupta (25*), though, saw J&K through to stumps without further damage. They ended the day on 84 for 1, still 418 behind.Himachal Pradeshs new captain, left-arm spinner Bipul Sharma, took his side close to first-innings points after lifting them from 150 for 6 against Chhattisgarh in Kanpur. Adding 60 for the seventh wicket with Sumeet Varma, Bipul took his side to within 28 of Chhattisgarhs 238.Offspinner Gurvinder Singh gave Himachal a good start to the day as he took three quick wickets to prevent Chhattisgarh from adding many to their overnight 212 for 7. Himachal made a good start, but lost six wickets for 72 after being 78 for 0. Left-arm spinner Sumit Ruikar was the wrecker-in-chief, with his second first-class five-for.DB Prasanth scored a second consecutive hundred, to go with Hanuma Viharis first hundred of the season, as Andhra lost only two wickets in the day on their way to a 206-run lead at stumps against Tripura in Valsad.Andhra resumed on 47 for 1, having bowled Tripura out for 171 the previous evening. They didnt lose a wicket till the 60th over of the day, when left-arm spinner Gurinder Singh (2 for 92) dismissed Prasanth for 129 to end a second-wicket partnership of 240 with Vihari. 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