Manchester United are set to throw a fair chunk of that TV money on completing a transfer for Barcelona star Neymar in the summer transfer window at the end of this season.
Neymar was the subject of an offer from Manchester United last summer, but the move did not go through as Barcelona flatly refused to sell one of their main men.
That looks like being the right decision too, because Neymar has been in ridiculous form this season, carrying the attacking-leader torch after Messi suffered an injury.
With Neymar entering his prime and seemingly only getting better and better, Manchester United are desperate to land him at Old Trafford from next season, and to do that they are ready to trigger the Â£165million buyout clause â€“ nearly twice the current world record.
On top of that, Manchester United executive vice chairman is also willing to pay Neymar a stunning Â£500,000 a week to make him, by far, the most expensive player in the squad, according to a report in The Sun â€“ even though it would pale in comparison to what Manchester City are offering Lionel Messi.
The transfer story goes on to say Neymar and his representatives have had their "heads turned" by the staggering offer, suggesting the 23-year-old would be open to a move at the end of the season.
Manchester United are desperate to add some stardust to their squad â€“ something they sorely lack â€“ and Woodward and the rest of the marketing behemoths at the club see Neymar as the perfect candidate.
Manchester United also want to shed the boring tag that has been stamped on the club under Van Gaal, and Neymar is the kind of player who will definitely add some attacking verve and excitement.
The Brazilian is big-money back in Brazil and is seen as the next global superstar. With his talents on the football pitch coming to the fore more consistently as well, Manchester United see the signing as a win-win.
However, wanting to sign Neymar is one thing and convincing Barcelona to sell a whole another issue, even if the Spanish club will be able to do little if Manchester United trigger the release clause and the player says he is ready to switch to the increasingly-richer confines of the English Premier League.