Extra time played in a game (esp. soccer) allegedly to allow one favoured side to score a goal and win the game. Refers to Sir Alec Ferguson, Manager of Manchester United, who are often perceived to be beneficiaries of extra time goals.
From BBC TV football presenter Gabby Logan - "They're playing Fergietime!!"

United won 2-1 with a goal scored in Fergietime.
by lovecraft69 January 09, 2010
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