Ferguson: 'I'd pay 60M for Cristiano Ronaldo'

"We didn't spend £50m on a player last summer, and I think a few people were surprised by that, and there are no plans to spend big this summer either," the United manager said. "We're looking at something different.We've signed Chris Smalling for £10m, Javier Hern‡ndez for £6m and Mame Biram Diouf for £4m and a bit.

People clamouring for big signings are missing the point; £20m is a lot of money to spend on young players, but that's what we like to do - get players who are going to develop in the club, because the long-term view has got to be important here."