Now look at what Fergie is saying..

It's "foolish" to dismiss Man City, insists Sir
Alex
Manchester United manager Sir
Alex Ferguson believes it would be "foolish'' to
rule out a title challenge from Manchester City this season.
ChinaFotoPress/GettyImages
Sir Alex could see City being a danger
City are likely to take their summer spending above £100m before
the transfer window closes at the end of the month, and Sir Alex
believes that kind of spending cannot be ignored.
Mark
Hughes appears to have made some astute signings
with
Emmanuel Adebayor
taking just three minutes to score on his debut in a 2-0 win at
Blackburn Rovers on the opening day.
Sir Alex believes there are parallels with the big spending of
Roman Abramovich when he first arrived in the Premier League, which
led to back-to-back titles for the west London outfit.
But he was quick to point out that he does not fear his rivals
from across the city at all.
"It would be foolish to ignore developments at Eastlands,'' said
Ferguson. "Manchester City do pose a new threat. We have only to
look at how well Chelsea did with back-to-back championships after
a massive injection of Russian cash to know money can talk.
"All the leading clubs are looking with interest to see how Mark
Hughes handles the situation and whether he can make it work.
"We are all looking over our shoulders, though as far as
Manchester United are concerned, it is not in fear.''