Money Money Money

Fergie tells the press pack at the unveiling of Owen and Valencia that United's transfer business is over for the summer:

"It is the end of our business, so all these stories about who we are supposed to be getting - forget it," he said.

"Everywhere in England and in Europe the players' values have shot sky high. I don't think any of the transfers that you see happening are realistic but for some reason it seems to have caught fire this summer.

"It is a very unusual summer and difficult to get value because of that.

"We have a very good squad and there is no need to ever need a jerk reaction to losing Cristiano because we did very well to keep him for six years and it was his moment to leave and we allowed him to do that.

"We shouldn't panic because of one player leaving. I think we have a very, very good squad with some good young players in all positions."