Sir Alex Ferguson Says No More Signings for Manchester United

Manchester United boss Alex Ferguson ruled out the possibility of further summer signings today.

So far, the Scotsman has lost forwards Cristiano Ronaldo and Carlos Tevez and brought in Antonio Valenica, gambled on Michael Owen, and secured the signing of unknown Bordeaux winger Gabriel Obertan to replace them.

"It is the end of our business," he said. "Stories about who were are supposed to be getting—forget it."

Ferguson blames an over-inflated market for his decision, citing that it is more costly to buy new players at the moment and many of them are not worth the risk.

He continued by revealing that United had joined the hunt for Benzema's signature, "We asked about Benzema and we had a value for him. Lyon have done well because they got 42m euros but I think we took a sensible view."

However, to fill the hole left in his squad by heavyweights Ronaldo and Tevez, Sir Alex pointed to the talent of Danny Welbeck and Kiko Macheda to continue United's winning ways.

"They are both young players—but young players with ability always get a chance here," he said.

Added to this Ferguson also reaffirmed his faith in England striker Michael Owen, "There is no doubt that Michael will score a lot of goals for us.

"His experience is vital and with Michael you will see the experience he will give us in the penalty box"

However, the gap left by Ronaldo and Tevez is still pronounced. It is not known whether Ferguson will stick to his promise or just wait for the market to cool down.

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