Alex Ferguson is tempted to reclaim the Man United hotseat  from beleaguered boss David Moyes – but is still set to reject overtures. The former Everton boss hit rock bottom yesterday after the Red Devils’ humiliating 3-0 home defeat to arch rivals Liverpool that has sparked a flurry of speculation that Moyes could leave United. The Scot was locked in talks with the board and Ferguson today following yesterday’s horror show – with his prospects thought to be increasingly perilous. United are 14 points adrift of the Champions League places, while they are five points off the Europa League spot after their record equalling ninth Premier League defeat. United face Olympiacos in the second leg of their Champions League last 16 tie this week as they seek to overcome a 2-0 deficit, while talk of discontent from senior players has only served to cast doubts over Moyes’ position. Moyes only signed a six-year-deal last summer but has struggled to fill the void of Ferguson, who has grown frustrated at the team’s shocking form. “Part of him wants to go in there and sort it all out and get the team back on track but he’s standing firm and insisting he’s staying retired,” a source said. United are proud of their tradition of being different to other clubs by standing by their manager – with Ferguson lauding this ideology more than anybody at the club. “This policy is threatening to turn into more of a curse than being something good and the fact [Ferguson] has staked his credibility on the appointment of Moyes means he will be given time whether people like it or not.” Read more Manchester United transfer news.