Mark Hughes remains 'very happy' with his transfer business and says Manchester City's poster campaign which has drawn Sir Alex Ferguson's ire is 'a bit of fun'.
City have spent big over the summer by bringing in the likes of Gareth Barry, Roque Santa Cruz, Carlos Tevez and Emmanuel Adebayor.
Ferguson claimed over the weekend that Adebayor had been 'desperate' to join Manchester United or Chelsea before he signed for City and suggested the striker had moved for financial reasons.
Former United striker Hughes is not worried by Ferguson's comments about his transfer dealings and is simply excited by the season ahead.
Respect"Sir Alex Ferguson is a man I hold the utmost respect for and he is fully entitled to his opinion," Hughes told the club's official website.
"I am very happy with the transfer business Manchester City have conducted this summer, and that the players we have recruited are as excited as I am about the season ahead."
City's 'Welcome to Manchester' poster to accompany the signing of Tevez, who had spent the previous two seasons at United, also prompted criticism from Ferguson.
The United boss claimed it was 'arrogant' and 'daft', but Hughes believes it is just light-hearted banter between the local rivals.
Hughes added: "The poster campaign in Manchester is a bit of fun between fans in a similar vein as the banner at Old Trafford which counts the timespan since City's last trophy win.
"We're glad it's got so many people talking."