Manchester United have only qualified for the Champions League once since Sir Alex Ferguson's retirement in 2013.
And they are currently four points off of a Champions League spot in the Premier League table with just seven games left.
But they can still qualify for Europe's top competition by winning the Europa League.
Ferdinand claims Man Utd need to get into the Champions League or they will end up like Liverpool
And United legend Ferdinand insists a place in the Champions League is crucial otherwise United will end up like Liverpool and struggle to make big name signings.
“Getting in the Champions League, no matter how United get there, is the remit I am sure for the manager," he told Sport360.
“However they get there, people will be satisfied.
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"This is because once you are in the Champions League, you can then start planning for recruitment with the Champions League in your back pocket.
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“People know they cannot come up to you and say: ‘you haven’t got Champions League, I don’t want to come’.
“They’ve got a window where maybe if they didn’t get in the Champions League for the next one or two years, because of the size of the club and potential that is still there.
“Liverpool are a great example. They dominated the 1980s and now in terms of fighting for players, Liverpool would come quite a way down the roster when it comes to signing the top players on the planet."