European absence to cost Man United 30 million pounds


Manchester United Old Trafford stadium is pictured ahead of their English Premier League soccer match against Everton in Manchester, northern England, December 4, 2013 file photo. REUTERS/Nigel Roddis

LONDON (Reuters) - Missing out on European soccer over the coming year will cost Manchester United more than 30 million pounds, the club said on Thursday, while reassuring fans it still had the money to rejuvenate its squad after a poor showing last season.

There was no word from the club, owned by the American Glazer family, on the hotly discussed identity of a new manager after the departure of David Moyes last month following a failed first season in charge.

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