Moyes in the dark over Sunderland sale

Aung Thu at Muangthong United

David Moyes has revealed his frustrations at having no money to spend in the upcoming transfer window after learning of Sunderland's plans to find new owners.

The former Everton and Manchester United boss admits he may have reconsidered his decision to join the Black Cats had he known of their intentions and his subsequent inability to strengthen his struggling squad.

The North East side have managed just three wins all season and are in dire need of stability and some well-considered reinforcements.

Owner Ellis Short, who has owned the club since 2008, is currently looking to sell while chief executive Martin Bain told Sky Sports News HQ in a recent interview that there are limited funds available to the manager.

A disappointed Moyes said: "I didn't see us having no money. Even in the summer, I knew what we were spending was small in comparison [to others] and I said that to the owner, I said our spending was small.

"But I hoped it would be a short period and we would then have the next period [January] to get things done. That has shown itself not to be the case.

"I'm disappointed that I will not be able to do some work in January and try and build on what we've done."

He added: "I did not know the club could be going up for sale. I was not made aware of that before. So that would probably be what I would say the difficultly is.

"I would have had to have thought a lot more about taking the job if I had known. Sunderland always had an appeal to me, but if I had known about the situation, I would have needed to look at it in a different way.

"I find that difficult because I have come here to improve the club. I don't want to be here and be a team at the bottom."