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Sir Alex Ferguson: 'I was ready to take late risks in matches'

Former Manchester United boss Sir Alex Ferguson explains why he was always willing to take late risks to try to win a match.

Former Manchester United manager Sir Alex Ferguson has revealed that he was "perfectly happy" to lose by a heavy margin as long as he took risks with the team to win or draw the game in the final few minutes.

The Red Devils secured a number of famous late victories under the Scotsman's leadership, one example being the 1999 Champions League final triumph over Bayern Munich.

The North-West outfit scored twice in stoppage time to win the trophy after Ferguson brought Teddy Sheringham and Ole Gunnar Solskjaer on from the bench.

During an interview with Harvard Business School professor Anita Elberse in 2012, Ferguson explained why he was always willing to take risks.

"I am a gambler, a risk taker, and you can see that in how we played in the late stages of matches," the Manchester Evening News quotes Ferguson as saying.

"If we were down with 15 minutes to go, I was ready to take more risks. I was perfectly happy to lose 3-1 if it meant we'd given ourselves a good chance to draw or win."

Ferguson retired at the end of last season following 26 years in charge at Old Trafford.

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Manchester United's Scottish manager Alex Ferguson acknowledges fans at the end of the English Premier League football match between West Bromwich Albion and Manchester United on May 19, 2013
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