It's been a tough season at Old Trafford since the summer departure of Sir Alex Ferguson, with new boss Moyes struggling to recreate the magic at the club. The team have slipped from Premier League champions to seventh placed also-rans, which has piled the pressure on the former Everton manager.
Last night's 3-1 defeat to Bayern Munich in the Champions League led to a 4-2 aggregate defeat, with United crashing out in the quarter-final stage of the tournament, meaning qualification for next year's competition is out of the club's reach, and many have concerns that Moyes' plans to rebuild the club in the summer could be damaged by not being in the Champions League.
One of those is former United goalkeeper Mark Bosnich, who was signed back in 1999 to replace Peter Schmeichel but endured a difficult spell at Old Trafford which was marred by a number of off-field issues, believes that the club will need to spend more than £200m to solve the problems in the team.
“Manchester United will probably have to spend a little more than £200m,” Bosnich told talkSPORT. “Money wise, Manchester United can afford to be out of the Champions League for a few years. Where they can’t afford to fall behind is in their ability to entice top players to the club.
“If you’re going to get the best players in the world to play for you, then some of them will take a little less [money] if they know they’re going to play in the Champions League. It’s the biggest level of football bar none, including the World Cup. That’s where it’s going to cost them.
“To entice those players you’re probably going to have to pay them a little more just because you’re not in the Champions League. You have to say, ’I know we’re not there this year, but if you come here then you can help us be in it the year after’.”