"We received an offer some weeks ago but that was rejected out of hand as we felt it to be derisory.
"But we are a public company, I am merely an employee and I have a duty to shareholders to maximise the value of our assets.
"If we receive any reasonable offers for any of our players, including Rio, we will consider it and debate it but that is not the position at the moment.
"He has asked to be put on the transfer list at a time when there has not been an acceptable offer and that has been rejected.''
Fergie:
"It's ongoing. Nothing seems to be happening.
"Leeds are saying a lot of things which we have to take on board. We're running out of time so we have to do something quickly. Maybe we will have to move on somewhere."