Ferguson gave his agent short shrift, but admits the landscape is changing in football.
He said: "It's a new way. I had an agent phone me up about a young boy of ours who had played in the England Under-21s.
"The agent said 'I think it's time we sat down and talked about a new contract'.
"He'd played for England once but, in this agent's mind, that demanded a new contract.
"I told him we'd see how he plays for Manchester United first but that's the way of the world now.