Manchester United boss David Moyes has over 200 million to spend in the summer and plans to use all of it, says Guillem Balague. Man United slipped to an embarrassing 2-0 defeat to Olympiakos in the first leg of the last-16 Champions League tie on Tuesday night, with many critics labelling the performance the worst of the season.googletag.cmd.push(function() { googletag.display(“div-gpt-ad-1389116196215-0”); });Moyes himself has conceded that the defeat was United’s worst European performance of the campaign and, on Wednesday morning, rumours had broken out on Twitter that the New York Stock Exchange had been notified of the Scot’s sacking. Those rumours are false and Balague was tweeting in response of those claims when he claimed that the United owners have given Moyes over 200 million to spend in order to strengthen the squad with a view to once again challenging for honours. This season, Man United have suffered cup defeats to Swansea City (FA Cup third round) and Sunderland (League Cup semi-final) as well as sitting sixth in the Premier League, 11 points adrift of Liverpool in the fourth. The prospect of not playing in the Champions League next season could potentially make attracting world-class players even harder, but Moyes will hope that the lure of playing at Old Trafford will be enough to bring in the right players to put a disappointing first season under his management in the past.