David Gold warns David Moyes he will have limited funds to stoke West Ham's survival push


Moyes has been appointed West Ham boss on a short-term basis until the end of the season (Source: Getty)

West Ham co-owner David Gold has warned newly-installed manager David Moyes that he will have to safeguard the Hammers’ Premier League status with largely the squad he has inherited from the axed Slaven Bilic.

Former Everton, Manchester United and Sunderland tactician Moyes was confirmed as West Ham’s new boss on Tuesday morning on a short-term contract until the end of the season.

Gold has intimated that there will be limited funds available to Moyes to strengthen his playing resources during the January transfer window, but is unwilling to splash huge amounts of cash following a summer of investment.

Bilic spent around £42m during the close season as the Hammers outlaid a club record £20m on forward Marko Arnautovic from Stoke and £16m on striker Javier Hernandez from Bundesliga side Bayer Leverkusen.

When asked about possible transfer targets, Gold said: “He will be telling us. We’ve got to give him a little time, he only arrived this morning. He will be telling us what he thinks we need.

“It wouldn’t be a lot. Let’s face it, we believed at the beginning of the season that we had the best squad of players for a decade. But no doubt he will tell us where the weakness is.”

Moyes, meanwhile, insists he can bring entertaining football to the London Stadium despite the club’s perilous league position. Saturday’s 4-1 loss to Liverpool left the Hammers in the relegation zone and a point from safety.

The 54-year-old, who has carried a reputation for functional tactics following an ill-fated spell as Sir Alex Ferguson’s replacement at Old Trafford, is adamant that he wants his team to play attractive football.

“I hope West Ham fans are going to see a team that is organised and disciplined,” he said.

“But I have always only ever wanted to be involved with attacking, entertaining football. And I feel really confident with the group of players we have got here that we can provide that.

“West Ham supporters are a very passionate group, and we need them behind us. How do we do that? By building a successful team, with good players playing well, and that’s what we are aiming to do.”

Exciting football was rarely on show during Moyes’s time at Sunderland, where his team finished bottom of last season’s Premier League, although the Scot insisted that experience will prove advantageous as he plots West Ham’s survival.

“It’s only been the last job [at Sunderland] where I feel it wasn’t a good move and I didn't enjoy the experience,” he added. “So I’m hungry to make sure I get things right now.

“I don’t know any manager who hasn’t gone through negative periods, especially in the game today. I hope it gives me great strength and understanding of what is required.”