He told the People: "I don't blame Sir Alex or Tony at all.
"Of course, it would have been nice to have the players but they were gone before I arrived so I know it was nothing personal.
"I don't think my relationship with Sir Alex or Tony has been affected.
"They didn't know I was coming to Preston so it was nothing against me. They loaned those players to Preston and another management regime, so I can understand their decision.
"I saw Sir Alex at Nat Lofthouse's funeral and I have spoken and texted him so I am sure there is no problem.
"I preferred to look on the positive side and it gave me the chance to bring in four or five of my own loans."