David Moyes is believed to want considerable funds to spend at Sunderland this summer.
Phil Neville has told the Alan Brazil Sports Breakfast, which was broadcast on TalkSPORT on 22nd May, that Sunderland will need to spend £40 million on their squad this summer.
Sunderland have dropped into the Championship, but there is a feeling that David Moyes will need to renovate his current team if the Black Cats are to stand any chance of promotion.
Sunderland have been awful this campaign, and finished at the bottom of the Premier League table.
Moyes is set to meet with Sunderland chairman Ellis Short in the coming weeks, to discuss a transfer budget for his side.
The Scottish boss is believed to be wanting considerable funds to invest in his side.
And Neville claims that Moyes will need at least £30 million to spend this summer, if Sunderland are to get it right next season.
“He’s going to need £30-£40 million to spend,” Neville said, “but whether the club will have the funds to back him or want to back him remains to be seen.”
Moyes is under considerable pressure at Sunderland, with many members of the Stadium of Light crowd already feeling he should have been sacked.
Moyes will be under pressure to start well at Sunderland, if he is to keep his job next season.
Receive exclusive football transfer news and updates twice a week to your mailbox
