EURO FALL WON'T BE BIG DEAL TO GLAZER
(go back to the homepage)
MANCHESTER UNITED'S shock Euro exit won't stop Malcolm Glazer carrying on with his plans for the Old Trafford outfit.
The club's Champions League exit and failure to even land a place in this season's UEFA Cup has led to talk of Sir Alex Ferguson's 19-year managerial reign being brought to an end amid the financial devastation the 2-1 defeat to Benfica has wreaked.
Although United have missed out on the chance to net up to £15million in prize money by failing to reach the knockout stages of UEFA's premier competition for the first time in a decade,the actual losses incurred by the Lisbon reverse are far smaller.
And even though Glazer's £790m takeover was funded extensively by loans, sources close to the Tampa Bay Buccaneers owner insist the loss at the Stadium of Light will not be affect his overall aims for the club.
The source said: "Obviously everyone connected with United is disappointed with the defeat last night - the fans, the players, the manager, the coaches and the owners.
"But the Glazer family are experienced in sports ownership and understand the ups anddowns"They hopedtheclubwould not lose to Benfica but it will have absolutely no effect on their long-term ownership of Manchester United."
United keeper Edwin van der Sar has admitted the players are hurting badly after their Euro failure.
The Dutchman said: "Everybody feels terrible. Over the whole six games we did not perform well and we have to take the consequences of that.
"It is obvious there will be pressure from the fans and the media but we have to stay compact as a group and keep everybody tight within the team.
"The result against Benfica is so disappointing because we got off to the best possible start. We were hoping for an early goal to quieten the crowd but after that we could not maintain the pressure."
United's players must quickly turn their focus to Sunday's Premiership match against Everton.
Van der Sar said: "We have a massive month coming up.We have won four on the trot inthe league and we have to focus on keeping that run going.
"Going out of Europe is a major setback for everybody.
"Of course we have to think about what happened in Lisbon but we have to be ready for Sunday