Ferguson: I won’t be ‘stupid’ with Ronaldo cash

ALEX FERGUSON insists he will not be “stupid” with the £80 million (€94m) windfall he received for the sale of Cristiano Ronaldo.

Some Manchester United fans will be alarmed and disappointed with Ferguson’s declaration his summer transfer business over, even though he has only signed three players, the most notable being Michael Owen, who has arrived at Old Trafford on a free transfer.

Ferguson hinted yesterday that the decision not to invest the type of huge sums that have been spent by Real Madrid came from his own desire not to waste money in a massively inflated transfer market.