David Moyes

David Moyes has ruled out a January spending spree for Manchester United despite the Premier League champions' lack of activity in the summer transfer window.

United made failed bids for several high-profile players, including former Arsenal skipper Cesc Fabregas, Real Madrid's Sami Khedira, Athletic Bilbao star Ander Herrera and Gareth Bale, who completed a world record move to join the nine-time European champions.

The Express earlier reported that United's owners, the Glazers, will hand Moyes a £80m transfer budget to strengthen the squad in January. Traditionally the Old Trafford club have not gone out and invested heavily during the mid-season window.

The former Everton boss has hinted that his side will not splash the cash in the winter.

"I'll look at January but I wouldn't want people to have big expectations about what you would sign or do in January because I don't think January has in the main been a really good month to sign really at the top," Moyes explained.

"If you're in trouble near the bottom of the league you might if you're desperate for something but I think where we'll be with Manchester United we'll be looking for the top."

The 50-year-old manager claims he already has "top end players" in the squad and has urged his boys to step up with their performance. However, Moyes has not ruled out the possibility of adding quality to the squad.

"I've got really, really top end players, great players to work with. But undoubtedly we will in time try to make that better, that's the part of the job. The job is to progress, to make progress at Man United. We'll look to add to the squad if the right players become available," he said.

United have had a poor start to their campaign, having won only two of their first six games played this season. The English champions sit 12th in the league table, having lost against Liverpool, Manchester City and West Bromwich Albion at home.

Moyes takes his men to the Stadium of Light as United take on Sunderland for the weekend Premier League clash. The Scot will be looking for nothing less than a win, with the Black Cats at the bottom of the table.