London, July 16 (ANI): Manchester City manager Mark Hughes has hit back at Alex Ferguson for claiming Manchester City have inflated transfer prices.
The Eastlands boss insisted that his 26.5 million pound capture of Carlos Tevez was a bargain.
Sparky says if any fee was inflated this summer it was the world-record 80 million pounds United received from Real Madrid for Cristiano Ronaldo.
Sparky said: "All the squads and managers have spent large amounts to be successful. That has never changed. We are trying to be successful and, to do that, we have to spend money. We understand how people may view us at this time, when times are hard financially for a lot of people."
"But football sometimes bucks that trend, almost always, certainly at the top level. We're in the business of trying to make our club better and we must spend significant amounts of money to get significant players," he added. (ANI)