Ferguson said: "For me, this Final is the biggest game of them all in the biggest tournament there is. The Champions League elevates your status as a team, as an individual footballer and as a manager.
"The opportunity is there for us to improve our standing in a competition in which we should have done much better.
"This is our opportunity to catch up with some of the other great teams around Europe.
"It is now down to the players to grasp this chance."
Ferguson added: "This game has come at the right time for this team. We deserve to be here. Our performances have been really good and we are now prepared for anything."