The chief executive said: "I don't want to talk about specifics, but it's clear to say that in order to get into the United team you have to be a top class player."
Valencia added: "I am delighted to stay at United. Since my first day at Carrington, I have been happy here. I hope that I can continue to develop as a player.
week are understood to be a stumbling block in any potential deal.
Sir Alex Ferguson in Euro glory plea to David Gill
Wesley Sneijder and Samir Nasri are at the top of that list and with both players still available, Ferguson is refusing to give up hope on either one.
year but Arsene Wenger has so far refused to cash in on player he could lose for nothing in 12 months' time.
United have been alerted to his situation at Newcastle after the former City player was made available for a free transfer yesterday.
"He has a quiet, unassuming way of going about his business, which is underlined by great strength of character as his recovery from such a bad injury last season proves."
"I am looking forward to making my contribution to helping this squad compete Nike Jackets Hoodies For Girls
Nasri was the man who commanded Ferguson's attention at the start of the summer, with the French international yet to sign a new deal with Arsenal.
The United manager still has money to spend despite already splashing out 50m on Ashley Young, Phil Jones and David de Gea.
The Ecuador winger made a remarkable come back from a horror ankle break last season to play in the Champions League final.
But he Nike Hoodies Men flew out to Beijing with Inter Milan yesterday as he continues to prepare for the new season with the Serie A giants.
Ferguson has suggested that he believes Nasri will go elsewhere with City appearing to be at the head of the queue for his services but his future remains in question.
for more trophies."
Sneijder has left the door open to a 35m move to Old Trafford even if his salary demands of more than 200,000 a Nike Sweatshirt Grey Womens
A cut price midfield option could yet be Joey Barton.
Meanwhile, Antonio Valencia has been handed a contract extension that will keep him at the club until 2015.
What do you think? Have your say.
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His contract expires next Nike Sweatshirt Half Zip
"Antonio has made a fantastic contribution since his arrival," said Ferguson. "His speed, crossing ability and versatility have been a big asset for us.
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