The 71-year old United manager revealed that the Red Devils tried to sign the Wales International while he was playing for Southampton. But the Saints rejected the offer as they felt it wasn't enough for a young player who was full of potential at the time. Soon after, Tottenham jumped in and secured the signature of one of the hottest players on the football market today.
Real Madrid are rumored to be interested in the services of Bale, along with Manchester City and Paris Saint German. However, no official bid has been made on the player as Tottenham have put a hefty price tag on him. Reports say the figure is close to a English Premier League record breaking sum of £60 million.
The Welsh international has only impressed since he joined the Spurs in 2007, winning the PFA Player of the Year award in 2010-11.
"We tried to buy [Bale] from Southamton and they turned us down." the Scott told the 'Sunday People'. "It was not the boy who turned us down, it was Southamton, then a few weeks later he signed for Tottenham"
"It happens. You don't always get them all. As I said before, we would have loved to have got [Paul] Gascoigne but we didn't - but we did get Paul Ince and he was a great player for us. These things happen."
Ahead of the Sunday clash at White Hart Lane, Ferguson has warned his players of the pace in a success hungry Spurs side. United are looking to re-establish a 7-point lead a top of the table over defending champions and rivals Manchester City.