United complete Valencia transfer

Alex Ferguson has tipped new signing Antonio Valencia to make a significant contribution to Manchester United's bid for an unprecedented fourth league title on the trot. United confirmed their first summer arrival this evening as the 23-year-old signed a lucrative four-year contract.

Although the Red Devils have not specified a fee, it is believed they have spent around €19 million of the world record €94 million banked from the sale of Cristiano Ronaldo.

And, while it is not expected Valencia will represent the end of Ferguson's spending, the United boss is already tipping the South American to make a big impact.

"Antonio is a player we have admired for some time now, having spent the last two years in the Premier League with Wigan," he said.

"I am sure his pace and ability will make a significant contribution to the team."

If nothing else, Valencia's arrival ensures Wayne Rooney should be given the more central berth he craves next season as the Ecuador star is unlikely to venture into the middle quite as much as Ronaldo.

As he has already gone through the Premier League settling-in period after spending two seasons with the Latics, there are no worries over whether Valencia can adapt either.

His lack of English may be a concern initially, although the main doubt of most United fans is a goalscoring return of just seven in 83 appearances for Wigan and four in 34 for his country.

Even though few would expect Valencia alone to match Ronaldo's phenomenal recent output, better will be expected from a player who spent a short time as a team-mate of former United star Diego Forlan at Villarreal.

Forlan's experience proves players of high quality can struggle to make an impact at Old Trafford, although Valencia is looking forward to the opportunity.

"Joining Manchester United is a dream come true for me," he said. "I have enjoyed my time at Wigan but I am thrilled to have the chance to challenge for the biggest honours in club football here.

"Playing in front of 76,000 fans alongside players like Wayne Rooney, Rio Ferdinand and Ryan Giggs will be an amazing experience. I can't wait to get started."