BBC Sport
Skip to main contentAccess keys helpA-Z index

[an error occurred while processing this directive]
watch listenBBC SportBBC Sport
Low graphics|Help
---------------
---------------
CHOOSE A SPORT
RELATED BBC SITES
Last Updated: Thursday, 8 December 2005, 11:54 GMT
Glazers play down European defeat
Avi, Joel and Bryan Glazer at Tuesday's Champions League game at Old Trafford
The Glazer family has played down the financial implications of Manchester United's failure to reach the knockout stages of the Champions League.

The defeat to Benfica cost the American owners up to �15m in prize money.

But a Glazer family spokesman said: "It was a disappointing result but has no bearing on the family's long-term ownership of Manchester United."

Asked about the financial implications, he said there was enough "slack" in the investment to deal with the situation.

Like many top clubs, United earn millions from the European competition.

We're still second in the Premiership. The show must go on
A Glazer family spokesman
But this season's revenue shortfall could be critical to the Premiership outfit, which was purchased earlier this year by billionaire Malcolm Glazer in a takeover that relied heavily on borrowed money.

United's 2-1 loss to Benfica on Wednesday evening means the side have no European action to look forward to after the new year for the first time in a decade.

However, the Glazers appear to be unfazed by the result, saying that through the ownership of American Football team Tampa Bay Buccaneers, the family was used to coping with the "ups and downs" of sport.

He added: "We're still second in the Premiership. The show must go on."

Asked about Sir Alex Ferguson's position as manager, the spokesman said he did not want to comment on individuals, and made it clear the club's focus was on their next match, at home to Everton on Sunday.


WATCH AND LISTEN
News conference: Manchester United boss Sir Alex Ferguson


Interview: Man Utd' Edwin Van der Sar



SEE ALSO


RELATED BBC LINKS:

RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites



E-mail services | Sport on mobiles/PDAs

MMIX

Back to top

Sport Homepage | Football | Cricket | Rugby Union | Rugby League | Tennis | Golf | Motorsport | Boxing | Athletics | Snooker | Horse Racing | Cycling | Disability sport | Olympics 2012 | Sport Relief | Other sport...

BBC Sport Academy >> | BBC News >> | BBC Weather >>
About the BBC | News sources | Privacy & Cookies Policy | Contact us
bannerwatch listenbbc sport