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Ferguson unconcerned at lack of transfer activity

"We might well start 2008-09 with largely the squad we had last season - and after all, they didn't do too badly," he said.

"We have not brought in the kind of top-quality player everyone seems to be expecting.

"We are still researching and looking but it is not easy and certainly we are not desperate.

"We have the right balance of youth and experience thanks to the work we did in the transfer market the previous year," he claimed.

"In terms of numbers we have been boosted by the return from loan of several young players who have the potential to go all the way.

"So I think we already have the men for the job."

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