Manchester United's new owners have pledged to spend big on new players.
GLAZERS' UK VISIT
Wednesday, London: Meet FA, Premier League, Sports Minister
Wednesday, Manchester: Reach Old Trafford for first time - dodge protesting fans
Thursday: Spend the day with United officials
Friday: First interview to be broadcast by MUTV
Joel Glazer, son of billionaire Malcolm, also said he looked forward to working with manager Sir Alex Ferguson for many years to come.
Glazer told the club's television channel MUTV: "We are there to provide the manager with what he needs to compete and win at the highest level.
"We have the greatest respect for Sir Alex and hope to work with him for many, many years to come."
In his first interview since arriving in England, Joel Glazer insisted the budget would allow Ferguson to buy players of the calibre of Wayne Rooney.
He said: "When I read about caps and hands being tied it's very frustrating. You can't have caps in this game, in any sport.
"Nobody was more excited than us last year when the club signed Wayne Rooney (for £27m).
"If that situation arises again this club will be in a position to go after that player and bring him to Old Trafford."
Malcolm Glazer's takeover of United cost £790m and a large part of that sum was borrowed.
Joel Glazer played down the levels of debt, but remained non-commital over whether ticket prices would rise.
He said: "We would have not got involved with Manchester United if we did not feel that the club under our ownership could continue to be the great club it has been.
"A lot of businesses have debt.
"Debt can mean different things to different people, but I can assure everybody that the structure that was put in place is a structure we're extremely comfortable with.
"This club's ticket prices will always be competitive with others in the Premier League.
"We are not looking to out-price the supporters.
"It is not a bottomless pit but the way this club has been operating in the past is going to be the way it's going to operate in the future."
The club's takeover has infuriated many United fans, and some supporters clashed with police during demonstrations when the Glazers visited Old Trafford on Wednesday.
But Joel Glazer asked supporters to judge them over the long term.
"We don't like what's happened over the last several months - we are embarrassed that we have caused a lot of this to happen and we apologise for that," he said.
"The only thing that's going to change views is things that happen over time, so I caution people that this is a marathon and not a sprint.
"Judge us over the long haul, don't judge us on a day or the last several months.
"This should not scare you. It is business as usual, business as it's always been. It is time to put all the distractions aside, compete on the pitch and win the trophies everyone wants."