Sir Alex Ferguson paid tribute to Chelsea boss Carlo Ancelotti and the Londoners as they wrecked United's historic bid for a record 19th title and four Premier League crowns on the trot. The Italian's first season in England has seen him engineer Chelsea's first title success since 2006. United's valiant history- making bid and final day 4-0 success against Stoke, was eclipsed at Stamford Bridge as Chelsea went goal crazy to crush ten-man Wigan 8-0. "It is the hardest league in the world to win and we applaud Chelsea in winning this title as we know how hard it is to win it," said Sir Alex. "I congratulate Carlo Ancelotti. It is a wonderful achievement. He is a good manager and a good guy. "It was always going to be a hard ask to expect Wigan to get something at Chelsea. Once we heard they had gone down to ten men our hopes evaporated. "At half-time I had accepted the fact that they were going to be champions." Ferguson vowed that the Reds would regroup in the summer and target that 19th title next term. "Of course, we will come back next year that is exactly what Manchester United do. We will go again. "Losing it adds to the hunger. We have won the last three and we know what an achievement that is. The players have been great." United lost seven league matches during the course of the campaign but the Reds' boss refuses to torment himself over missed opportunities. "I am not going to agonise over all that," he added. "There are many things you could talk about. Crucially the decision down at Stamford Bridge was a bad one against us (a free kick was awarded against Darren Fletcher and the resulting set piece led to a Chelsea goal). "That maybe swung the whole title round if you think about it. But you can't agonise over it. Sometimes you get the breaks and sometimes you don't." The United manager was also keeping his transfer plans for the summer under wraps. "We will look at the structure of the club. I think it is a good structure," he said. "We have worked hard over the years bringing young players in and developing them. "We will have to assess all that. "There maybe one or two things but at the moment I have nothing to say." Ancelotti, meanwhile, praised the Reds as fantastic opponents as he claimed Chelsea's first league title in four years is just the start of a new era in the club's history. The Italian guided the Blues to their first Barclays Premier League crown since the days of Jose Mourinho and he could even surpass that by winning an historic double next week. But even though Chelsea have been labelled an ageing side that requires rebuilding, Ancelotti maintains the squad has the capacity to go on winning more silverware. "I think that this club will have a future because these players are not so old and we have a very good squad, for next year and the years after," said a delighted Ancelotti. "We had a fantastic season, not only by winning the Premier League, but because we showed a good style on the pitch. "After the first year, I hope to stay here a long time and win a lot of titles. "We closed the season very well with a fantastic performance. I think that, at the start of this match, there was a bit of pressure on us and we didn't play so well. We had fantastic opponents and Manchester United stayed with us right to the end. "I said it would go to the last game, so we have to be proud and happy that we won against such a fantastic team like United. They were a very good opponent.''