Moyes gets £100m to rebuild Man Utd - how will he cope?
New Old Trafford boss gets financial backing of owners, but he must learn to spend wisely
MANCHESTER UNITED boss David Moyes is to be handed a £100m warchest by the club's owners to avert the nightmare scenario of the club finishing outside the top four and failing to qualify for the Champions League next season.
Moyes will be given the funds ahead of the January transfer window and is expected to target Everton's Leighton Baines and Athletic Bilbao midfielder Ander Herrera.
The Glazer family, which owns United, do not share the view of some excitable United fans who are already asking if Moyes was the right man to succeed Alex Ferguson, with the club languishing in the bottom half of the table after six games. They accept that by allowing Moyes to see out his Everton contract, they lost valuable time in the summer transfer window that could have contributed to his failure to land his main targets.
"The Glazers' willingness to back the Scot in January reflects an understanding that the first transfer window for Moyes... was always going to be difficult," explains The Guardian. "Beyond this, the owners recognise that the Premier League has become far more competitive this season."
According to the Daily Telegraph, United's owners "remain comfortable with the club's immediate prospects and the ability of Moyes and his players to overcome their dismal start to the season, [but] there is also an acceptance at Old Trafford that the squad left behind by Sir Alex Ferguson is badly in need of new blood".
News of the kitty means that Moyes has effectively been given carte blanche to embark on a rebuilding process that is "likely to involve several high-profile arrivals and departures," says The Times.
"United's shortcomings in midfield have been well documented and several players who provided a bedrock of success for Ferguson are well into their thirties," it adds, suggesting that Rio Ferdinand could be the first casualty of the new regime.
The challenge for Moyes will now be to identify and secure his transfer targets. It is not a challenge he is used to, notes Matt Dickinson in The Times.
"It is as though he is the contestant in a new TV survival show, thrown a fresh challenge each week to see how he copes, and all for our entertainment... Soon he will be required to demonstrate how shrewdly he can spend £100m.
"There is something undeniably experimental in giving Moyes riches that he never imagined when plucking Seamus Coleman from Sligo Rovers for £60,000," he adds. "The Moyes reputation is built on trawling the earth precisely for the type of bargain that United did not want and could do without." ·