The Premier League champions' pursuits of Thiago Alcantara and Cesc Fabregas have been played out in the media this summer, while other names have been linked more fleetingly.
And with a number of other sagas currently ongoing, as well as several high-profile signings across Europe, Ferdinand says he enjoys talking about summer business just as much as anybody else.
"We come in and look at the papers or social media or whatever and say 'so and so has bought so and so, what do you think, is he any good? I don't think he'll be any good, he'll be a great big waste of money'," he told BBC Sport.
"We're just exactly the same, it’s just like four fellas sitting in a pub. We're just sitting in a training ground doing it (instead). People don't expect it because we're players."
Ferdinand also claims that Phil Neville, who was appointed to the United backroom staff earlier in the summer, is taking his new role extremely seriously and insists on being called 'coach'.
"We don't talk to Phil on first-name terms any more - it’s "coach"," he added.
"He's changed his number, he won't let anyone call him. I used to speak to him and text him and stuff but he won't have it any more - he's a changed man so far really."Ferdinand has also revealed that new United boss David Moyes has not changed much in terms of the players' individual training routines, which are particularly applicable to the 34-year-old and Ryan Giggs.
"The manager knows I’ve got a certain way that I need to train, that I know my body - like Giggsy as well," he continued. "He has kind of left it open to us to continue what we were doing to get us [playing] like last season.
"That’s been fantastic for me because you get worried a little bit and think, 'Oh, it's a new manager, is he going to let us continue our regimes that we're involved in to get us out to play football and to train every day?'"
"But it's the sign of a great manager that he has."
The former England defender has also given an insight into how Moyes has adapted to replacing Sir Alex Ferguson.
"The new manager is quick to join in the banter but when it's work time, it's work time," he added.