Fergie tight fisted and other transfer rumours

Manchester United will not spend money on big-name players in the January transfer window despite manager Sir Alex Ferguson having £60m at his disposal. According to reports, the fiery Scot does not see any value in the transfer market and is unwilling to waste money on “over-priced players.” But following the club’s shock defeat to Aston Villa on Saturday, their fourth of the current campaign, the Red Devils boss may have to rethink his position. Elsewhere, Tottenham are chasing Lazio's £4m-rated Macedonia striker Goran Pandev; Manchester United are close to striking a deal to sign Schalke goalkeeper Manuel Neuer for £10m at the end of the season; and Newcastle have offered Manchester United defender Steven Taylor in exchange for their young striker Federico Marcheda.