Sir Alex Ferguson feels Tottenham Hotspur are in 'pole position' to land Southampton starlet Gareth Bale.
Manchester United and Spurs have been battling it out to sign the teenage full-back before the close of the transfer window.
Reports have claimed that Spurs have offered £10million for the Wales international, while United's bid is more incentive-based.
Ferguson confirmed his interest in bringing Bale to Old Trafford, but acknowledged his club are not currently heading the pursuit.
"Southampton said no to us because they are looking for more money, which they have every right to do," said Ferguson.
"The bid we made for Gareth reflected his potential. There were a series of build-ups in it because we have to protect our own club's assets too.
"We offered an initial fee with add-ons depending on how many games he plays, international caps and so on.
"I am not exactly sure what Tottenham have offered more, but they have offered more and that has put them in pole position at the moment."
The Red Devils chief also feels that suggestions Bale could plump for Spurs for regular first-team football do not hold water.
He added: "Anyone who guarantees a player first-team football every week is wrong.
"There are so many examples of young players being given a chance at this club, no one could dispute the fact they will get opportunities. Maybe the boy himself would need to assess that."