Ex-Manchester United striker Andy Cole has insisted that David Moyes needs to spend £200million this summer in order to compete with the likes of Manchester City and Chelsea, according to the Daily Star.
The former Red Devil, who played for the club under Sir Alex Ferguson between 1995 and 2001, believes that the current United boss is struggling to fill the shoes of his predecessor and that the club must evolve with the times if they are to continue to dominate domestically.
United find themselves in a lowly 7th place this campaign, nine points off of a Champions League spot and a massive 15 points adrift of Chelsea, who occupy 1st place.
Last month they splashed £37.1million in order to land Juan Mata, but there have been a whole host of high-profile names linked with moves to Old Trafford this summer, including the likes of Edinson Cavani, Ilkay Gundogan, Tony Kroos and Atletico Madrid youngster Koke.
And Cole believes that in order to maintain parity with Chelsea and City in terms of squad quality, Moyes must be willing to match their financial outlay.
“When you have a situation where Manchester City are prepared to spend FIFTY MILLION POUNDS on two centre-halves – then you have to consider the possibility that they may go out and spend ￡200m this summer. Chelsea, very easily, could spend another ￡100m,” Cole said.
“Bear in mind, United have just forked out￡37million on an attack-minded midfielder and need more players. So in order to catch up, they are going to have to go big, match City’s spending and even if they do, you still don’t know if they will win next season’s title.
“It is hard to accept but the simple fact of the matter is that there are better teams than Manchester United right now and that’s why they are so low in the table.”