Fergie believes ‘The Special One’ is good for English football.
Manchester United will face Inter Milan in the Champions League on Tuesday.
Ferguson said: “I got on well with Jose and when he left Chelsea it was a big loss to the English game.
“Would I like to see him back? Yes, but he had better hurry up because I don’t have that much time left!
“Jose has suggested himself that he wants to come back to England – and I for one would definitely welcome him back.
“Maybe he will end up back at Chelsea, you never know.
“I enjoyed watching his interviews on television. He was so good, even his press conferences ended up becoming all-ticket. He was cocky and he was confident – and he was very good for our game because he is a real character.
“Jose has been over to see us play a few times recently and he came to see me for a drink after we played Chelsea – and he was in great form. You can’t deny the man’s success.”