United have been linked with moves for Marouane Fellaini and Luka Modric, while the club are contemplating whether to make a third bid for Barcelona star Cesc Fabregas.
Moyes is yet to add quality to his squad while French giants Paris St-Germain and Monaco are splashing the cash - not that the boss is bothered.
The Scot said: "That is not something Manchester United are frightened of.
"Manchester United are more than happy to compete with all of the teams.
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