The bash ended with the arrest of 19-year-old Northern Ireland defender Jonny Evans, who has been bailed following an allegation of rape, which the player denies.
Although Evans was the only star arrested it's understood Ferguson has pinned the blame for the alleged lurid incidents on the experienced senior professionals in the squad.
A club insider told the People: "The manager went ballistic when he found out the extent of what had gone on. He knew the players were having a night on the town but there's a strict code of discipline laid down and he believes it was broken.
"He gave the senior pros a real hammering and has held them responsible for what happened. To say he wasn't happy is an understatement.
"You can be sure something like this won't happen again and you can bet the players party will be a low key affair next year - if he lets them have one."