Fergie hands out City warning

Fergie hands out City warning

Published Dec. 26, 2011 1:16 p.m. ET

Cash rich City have spent £400 million in the transfer market since Sheikh Mansour took control of the club back in August 2008. Most of the money has helped manager Roberto Mancini assemble a squad which has seen them climb to the top of the standings this season. But Ferguson believes that although having the financial clout can help, it doesn't necessarily take you all the way. The Red Devils' boss told The Sun: "Yes, money can buy success as we saw when Chelsea suddenly became cash rich. "And we are witnessing a similar surge by Manchester City under their wealthy owners. "Their transfer clout has taken them to the top of the league and they are favourites to win the title. "But, while recruiting some of the world's leading players can lift you into contention for honours, it doesn't necessarily take you all the way - as I hope we will be able to demonstrate before the end of the season as other factors come into play." Although many supporters have urged the Champions to dive into the January transfer market once it opens, Ferguson is adamant that he is prepared to be patient and wait for the right player to become available. He said: "If a really top-class player became available, then we would go for him. "Or if we picked up any further serious injuries, it might be important to add to our squad. "But let me reiterate, contrary to what some people seem to be fixated about, money for a transfer is not a problem if I deem it necessary. "You can never say never in the football world. But I am perfectly happy with the strength of our squad in terms of depth, quality and age range. "I will not be swayed by the endless tweets and blogs urging the club to get busy in the market."

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