Last updated: 5th September 2008
Ferguson: Not worried
Sir Alex Ferguson has played down the threat posed by local rivals Manchester City.
City are expected to become a major force in English football after agreeing a takeover deal with the Abu Dhabi United Group for Development and Investment (ADUG).
They have already signed Robinho for a British record transfer fee but Ferguson insists he is not too concerned by the dramatic developments.
Chelsea have spent heavily since Roman Abramovich bought the London club five years ago but Manchester United have won back-to-back Premier League titles and Ferguson is now ready for City's challenge.
"I can't be worried," Ferguson told reporters after a meeting of top coaches at Uefa headquarters in Switzerland.
"We have a good setup ourselves and we've been working to build up the team we've got, so we just have to carry on.
"There are always challenges in football, some years ago it was Chelsea and some years ago it was Arsenal and wherever the challenge comes from we have to accept it. So it doesn't change anything."
City officials have spoken about signing Cristiano Ronaldo for a colossal fee in the region of £135million but Ferguson was amused by the suggestion.
"They can talk," said the United boss.
Ferguson accepts that City boss Mark Hughes will now come under pressure to deliver success to the club.
Asked if he would have liked such responsibility as a young coach, Ferguson replied: "For a young manager it must be difficult.
"You can't judge it from when I started, it is a completely different world now. I am at the tail-end of my career. I've been through all these changes so it doesn't faze me."

A look at the best pictures as Michael Owen completes a surprise move to Manchester United.
Pictures from the unveiling of Real Madrid's reported £56 million signing at the Santiago Bernabeu.
Pictures from the Under 21 championship semi-final between England and Sweden in Gothenburg.
Pictures from England's draw with Germany in the last Group B game of the Under 21 Championships.
A look at the best pictures as Michael Owen completes a surprise move to Manchester United.
| Time | Fixture |
|---|---|
| Saturday 15th August | |
| Barclays Premier League | |
| 15:00 | Aston Villa vs Wigan |
| 15:00 | Blackburn vs Man City |
| 15:00 | Bolton vs Sunderland |
| 15:00 | Chelsea vs Hull |
| 15:00 | Everton vs Arsenal |
| 15:00 | Man Utd vs Birmingham |
| 15:00 | Portsmouth vs Fulham |
| 15:00 | Stoke vs Burnley |
| 15:00 | Tottenham vs Liverpool |
| 15:00 | Wolverhampton vs West Ham |
| Tuesday 18th August | |
| Barclays Premier League | |
| 19:45 | Birmingham vs Portsmouth |
| 19:45 | Burnley vs Man Utd |
| 19:45 | Fulham vs Blackburn |
| 19:45 | Hull vs Tottenham |
| 19:45 | Sunderland vs Chelsea |
| 19:45 | Wigan vs Wolverhampton |
| Wednesday 19th August | |
| Barclays Premier League | |
| 19:45 | Liverpool vs Stoke |
| Saturday 22nd August | |
| Barclays Premier League | |
| 15:00 | Arsenal vs Portsmouth |
| 15:00 | Birmingham vs Stoke |
| 15:00 | Burnley vs Everton |
| Time | Result |
|---|---|
| Sunday 24th May | |
| Barclays Premier League | |
| Aston Villa 1 - 0 Newcastle | |
| Blackburn 0 - 0 West Brom | |
| Hull 0 - 1 Man Utd | |
| Man City 1 - 0 Bolton | |
| Sunderland 2 - 3 Chelsea | |
| Fulham 0 - 2 Everton | |
| Arsenal 4 - 1 Stoke | |
| West Ham 2 - 1 Middlesbrough | |
| Wigan 1 - 0 Portsmouth | |
| Liverpool 3 - 1 Tottenham | |
| Monday 18th May | |
| Barclays Premier League | |
| Portsmouth 3 - 1 Sunderland | |
| Sunday 17th May | |
| Barclays Premier League | |
| Chelsea 2 - 0 Blackburn | |
| West Brom 0 - 2 Liverpool | |
| Saturday 16th May | |
| Barclays Premier League | |
| Newcastle 0 - 1 Fulham | |
| Bolton 1 - 1 Hull | |
| Stoke 2 - 0 Wigan | |
| Middlesbrough 1 - 1 Aston Villa | |
| Tottenham 2 - 1 Man City | |
| Everton 3 - 1 West Ham | |
| Man Utd 0 - 0 Arsenal | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Arsenal | 0 | 0 |
| 2 | Aston Villa | 0 | 0 |
| 3 | Birmingham City | 0 | 0 |
| 4 | Blackburn Rovers | 0 | 0 |
| 5 | Bolton Wanderers | 0 | 0 |
| 6 | Burnley | 0 | 0 |
| 7 | Chelsea | 0 | 0 |
| 8 | Everton | 0 | 0 |
| 9 | Fulham | 0 | 0 |
| 10 | Hull City | 0 | 0 |
| 11 | Liverpool | 0 | 0 |
| 12 | Manchester City | 0 | 0 |
| 13 | Manchester United | 0 | 0 |
| 14 | Portsmouth | 0 | 0 |
| 15 | Stoke City | 0 | 0 |
| 16 | Sunderland | 0 | 0 |
| 17 | Tottenham Hotspur | 0 | 0 |
| 18 | West Ham United | 0 | 0 |
| 19 | Wigan Athletic | 0 | 0 |
| 20 | Wolverhampton Wanderers | 0 | 0 |
Skysports.com takes a look at striker Michael Owen's career to date following his Man United switch.
Paul Merson is adamant: Michael Owen will score goals for fun now he's joned Manchester United.
Yuri Zhirkov has flown to London to undergo a medical with Chelsea according to reports in Russia.
Carlos Tevez believes Manchester United fans will forgive him if he seals a move to Manchester City.
Sunderland are closing in on the signing of Paraguay defender Paulo Da Silva.
Felipe Melo has reiterated he is happy at Fiorentina despite ongoing reports linking him to Arsenal.
Tottenham boss Harry Redknapp has admitted Manchester City beat him to Gareth Barry and Roque Santa Cruz.