The England striker has hit the headlines this week after announcing his intention to depart Old Trafford, admitting his doubt over the club's ability to attract world-class players.
But manager Ferguson insists he has every faith in his squad, backing the younger, developing players to deliver results when veteran members of his line-up such as Ryan Giggs, Paul Scholes and Gary Neville eventually step down.
"There's not a thing wrong with Manchester United, not a thing wrong with it. I've only won 27 trophies," said Ferguson.
"We realised a few years ago that Giggs, Scholes and Neville were never going to last for ever and so our policy is to develop footballers in their place.
"I had a player once who said to me that Rooney and (Cristiano) Ronaldo weren't good enough and he was not prepared to wait until they were good enough.
"But that's the trouble with potential. People don't identify potential. They're very poor at it.
"I've identified all my life the potential in young people. I know potential. I know how to develop and have faith in it. And young people surprise you when given the opportunity. That's what this club is all about.
"When you see Manchester United at the moment with all these young players, 14 aged under 22, you can't see Manchester United three years ahead."
United lifted the Premier League trophy for three consecutive seasons between 2006 and 2009 but narrowly missed out on what would have been a record fourth title to Chelsea last term.
Ferguson insists he has no concerns over the club's current position and is confident they can regain their league-winning ways.
"We have a structure at the club which is good," he added. "We've the right staff, the right manager, the right chief executive, who is a brilliant man.
"It's difficult to maintain a cycle of more than four years at a time. At the end of the day, we lost a fourth successive title by a point. It would have been a record. We don't like that and we'll try to do something about that. But we'll be there. We'll be OK. I have every confidence in that."
Ferguson maintains that funds will be available if he needs to make any key additions to his squad, and revealed the club came close to completing a signing in the summer.
He said: "We will invest for signature players when the time is ready but this summer was not right for me.
"There was one player, yes, we would have liked to have got and he chose another club. I don't think he wanted to come to England.
"Some players don't want to leave their country and it's a fact of life. If they don't want to leave, we just forget about it."
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