They will not get relegated as they are not far off a reasonable side with the players they have just a matter of getting them organised and playing. They have the biggest needs a goal scorer, provider and decent keeper.
I would think they need about 3 players to become a reasonable Championship side either bought or on loan from local Premier sides. Loans should be easy as there are plenty of better sides in the area and players would not need to move. A couple of defenders and a central midfielder and...
As I posted on another thread, Does Moyes regret leaving Everton, an ideal job for Moyes back home in the N West and a team lacking on the field but with a good squad. The money offered would not need to be a lot due to his previous pay offs.