Wolverhampton Wanderers are expected to be active in the summer transfer window.
Wolves boss Kenny Jackett has already stated that he intends to make a number of alterations to his line-up in the coming months.
Wolves have failed to live up to expectations this past season, after being stuck in mid-table for much of the campaign.
Wolves were tipped as potential play off contenders, but they never threatened to make it into the top six.
Jackett felt that his side lacked quality in certain areas, after injuries struck.
Wolves were left with a number of players on the treatment table, and they lacked the strength in depth in their squad to cope.
Jackett, therefore, was planning to make a number of additions this summer - but it appears that he will have to search around Leagues One and Two for signings.
“What we’re not doing is buying Premier League or top Championship players... we’re not in that position,” Moxey admitted.
“That’s the reality. We have only a certain amount of money.
“There was big criticism about us not replacing Sako when we took in (Sheyi) Ojo and bought Wallace... two players in the hope that one would fill the gap.
“It’s not possible to get every player right but we have nurtured someone in Jordan Graham, who is a more than adequate replacement; a young kid of 20 and Jed Wallace has started to show what we know he is capable of.”
Wolves have already been linked with the likes of Charlton Athletic goalkeeper Nick Pope and Hibernian striker Jason Cummings.
Moxey has stated that Wolves' target next season will be to make the top six.