Morrison, 18, is highly-rated by United and has been tipped for a bright future in the game. Indeed, Newcastle were reported to have put in a bid of £500,000 for him, with his current contract set to expire at the end of the season, but it was rejected by the club.
Ferguson stated that Morrison was not ready to sign a new deal and, speaking at his press conference before Saturday's clash with Bolton, he said: "His agent has been working hard to get him another club. We've offered him terms which he has refused. We've rejected an offer from Newcastle. We'll see how that progresses. His demands are unrealistic as far as we're concerned."
However, Morrison has now taken to Twitter to insist that he has not rejected any offers.
"I have never 1s [once] turned down a contract off Manchester United," he tweeted.
Morrison is believed to be attracting interest from Spanish giants Real Madrid and Barcelona, as well as numerous clubs in England, but has yet to make his full debut for United.
Meanwhile, Hull City have signed Man Utd striker Joshua King on loan for the rest of the season.
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