Sir Alex Ferguson sees no reason to spend


Manchester United manager Sir Alex Ferguson insists he does not have any money restraints despite the club's deteriorating financial position under the Glazer family's ownership.

United have been cautious in the transfer market despite selling Cristiano Ronaldo in the summer of 2009 but Ferguson says there have simply been no players available at the right price.

In the build-up to the Champions League clash with Rangers, Ferguson said:"I looked at the market this year and there was only one other player (believed to be David Villa) I would have brought here but that move was sealed off quite early by the club he went to.

"If I wasn't confident in my squad, I maybe would have done something else. But I don't think we're at the point where we need to go overboard to really get the best player in the world because I think there are enough really top players at the club at the moment.

"The best thing we do at the moment, until the market becomes more sensible, is produce young players or buy young players and then develop them at the club. By doing that, we're securing the next eight years at Manchester United, without a doubt.

"I won't be here for the next eight years, but the stock of young players we have now created will be and will stand us in good stead in the years to come.

"I think there may be a time in the next couple of years when we maybe have to stretch ourselves, particularly when Gary Neville, Ryan Giggs and Paul Scholes retire.

"We'll maybe then have to get in a really top player to galvanise the younger players coming through.

"That's a possibility but at the moment we've got the experience there. We've got the players who've been through the whole gamut of emotions and experiences at this club, players who can deal with everything that comes their way."

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