The Red Devils have already begun their summer transfer business after snapping up winger Memphis Depay from PSV Eindhoven earlier this month.
Van Gaal is understood to be on the lookout for a number of new players this summer as he looks to transform the Red Devils into Premier League title contenders next season.
Gareth Bale, Cristiano Ronaldo and Harry Kane are among the star names to have been touted as potential targets for United during the summer transfer window.
And although Van Gaal says that he is not involved in the price negotiation process, the Dutchman says that it is down to him to draw up the shortlist of transfer targets for the summer.
Van Gaal told a news conference on Friday: “The club shall negotiate and then it’s out of my hands because I am not negotiating and Ed Woodward is doing that. I’m not the man who decides that.
“I don’t spend the money. I have explained how it works. I look for the players who fit in our profile and then I say to Ed Woodward, ‘OK, I want this player in the first position and the second option is that player and then we go to third when they are not available.’
“But he is negotiating, I am not negotiating. I’m not buying. For me, money is not important because the most expensive players are not playing with me or playing with me, you have to do what we want to do as a team.”
United host Arsenal in the Premier League on Sunday.
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