Manchester United boss Sir Alex Ferguson can't see UEFA's new finance laws working.

Uefa's financial fair play guidelines are supposed to prevent wealthy owners giving their clubs an unfair advantage by limiting the amount of debt teams can run up through spending on players, though Ferguson is clearly not holding his breath.

"I don't see how it can work," he said. "It's not just about the top line transfer fees, it's about the amount of money clubs can offer in wages. Players are being offered stupid money, the type of sums that are hard to turn down. We can make a player a very good offer, but unless he wants to come to United for football reasons he is not going to say no to stupid money from somewhere else."