The United manager insists they will be willing to spend big money to attract top players.
Ferguson told Inside Review: “Hopefully the players we bring into the club in the next year or so will be of the quality we need. We’re competitive in the market – we’re not Chelsea or Manchester City in terms of money but we’re competitive.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.