For me the club was absolutely mad not to prepare better for SAF retiring. A manager who's won nothing really needed a sound platform to start off from and a couple of major signings would have helped him settle better. Not only because we lack quality when compared to the top sides in Europe, but also because those players would have been Moyes purchases and established him better in the dressing room. Whether such a sorry start to a new chapter can be overturned remains to be seen. Moyes is not the only one needing to prove himself, but also the owners and the board, who now face a new world with no untouchable manager to defend them at every turn. If there's another Glazer backlash it might just snowball into major opposition.
There's plenty of talk that we tried to sign Bale for a world record fee. Well, if that was the case, maybe the club did so knowing it was a no-go. Until cash is actually spent on unquestionable talent, the doubters are supported by the facts. This January window is tricky, but along with the summer it will represent what actual ambition the board (and owners) have as well as the foresight of Moyes or lack thereof. I'd say he has to get top 4 to stay in the job and to do so it would seem rather obvious that going all out for quality in midfield now (nearer the start of the window than the end of it) would greatly enhance those prospects.
The bottom line though, regardless of rumours or Moyes boasting of unlimited budget, until the deals are done, it's a moot point. A charade.