Manchester United will react to missing out on Champions League qualification by implementing wholesale wage cuts of up to 25% from this summer onwards, according to The Sun.
United are currently facing an uphill battle to secure a top-four finish in the second half of the campaign, currently five points behind Liverpool in the final Champions League spot as we head towards the second half of the campaign.
Failure to recover and stay in Europe's premier club competition would be an absolute disaster for the Red Devils, resulting in a potential £50m shortfall through lost television and matchday revenue.
Red Devils chiefs are reportedly preparing a contingency should United's early-season struggles continue and will introduce widespread reductions in salary ranging from eight to 25% without Champions League football as a safety net.
A United inside was quoted by The Sun as revealing: “United aren’t the only Premier League club with this policy. They felt it was fair players should be rewarded for reaching the top four but also share the financial pain if they miss out.”
Moyes faces a number of tough decisions this summer over contract extensions at the end of the campaign, with Nemanja Vidic, Patrice Evra and Fabio all approaching the end of their current deals.
Former United boss Sir Alex Ferguson is thought to be a champion of the proposal and attempted to slash the wage bill significantly before his spell as manager ended last summer, preferring to stick with a mix of youth and experience that delivered the Premier League title at a canter last term.