Andy Cole feels Manchester United could do with strengthening but has stressed he sees the current asking price for Jadon Sancho as "crazy money".
While the Red Devils have been targeting Borussia Dortmund's England winger Sancho, a 120million euros asking price has been an issue.
"Centre-half, center-forward – I look at those two positions. They are two paramount positions in your team. The midfield area for me is now sorted, there is enough creativity in there to play as well as any midfield in the Premier League, so I think those (other) areas (need strengthening)."
When asked about the Sancho situation, Cole said: "That is big money, crazy money.
"You don't know when punters are going to be allowed back into the stadiums. Every club must be losing absolute fortunes.
"When you look at a team like Real Madrid spending no money, what does that tell you? They've done no business, so you know something is wrong with football.
"Looking at it from outside, I think Man United are saying 'we are not going to spend money willy-nilly. If the right individual comes in at the right price, yeah, we'll do it'. But £109m, in this current climate?"
United's only signing so far in the transfer window, which closes on October 5, has been midfielder Donny Van De Beek.