After almost four decades, the Premier League behemoth is terminating the legend’s contract as an ambassador and club director for a very simple reason.
Sir Alex Ferguson has ended his contractual relationship with Manchester United after 40 years. INEOS, the new co-owner of the club, has decided to no longer retain him in his role as the club’s ambassador due to its cost-cutting program. According to The Athletic, this brings an end to a multi-million-euro annual commitment with the most successful manager in the club’s history.
United with Ferguson we don’t stand
After stepping down as manager in 2013, concluding a 26-year reign during which he won 38 trophies, Ferguson was kept on as a global ambassador and director of the club. Despite changes in the club’s structure, Ferguson remained on the United board, alongside figures such as Sir Bobby Charlton (before his passing in 2023), former CEO David Gill, and non-executive director Michael Edelson. However, Ferguson was not part of the official club board, which includes the six Glazer siblings, INEOS co-owner John Reece, INEOS Sport chairman Rob Nevin, and two independent directors, Robert Leitao and John Hooks.
As reported by The Athletic, the only official reference to Ferguson’s salary as the club’s ambassador can be found in the 2014 accounts under related party transactions. These documents reveal that on October 17, 2013, United signed Ferguson as a global ambassador, paying him nearly 3 million euros for his services—a deal that lasted for over a decade and has now come to an end.
soplrstyz
0
This app is always creating debate about united. This app will be useless if united does not exist
Fumaoprsy
2
Man United is a very confused team. rather than sack Ten Hag, You sack Sir Alex Ferguson. I will not be surprised if they sack Guardiola next
Moyabdelsu
0
Ñiçe Good
wuyclmnpz
0
There is no improve from Man United team...so, that the problem
culer1
1
SAR can't be sacked Correct your writing he has just been told to step down , Let's respect the Legend
Toyabdeiry
0
is good. doing nothing & paid well. no difference with him in MU
So your bald head do everything but stupid thing and bringing united to downfall.. Is this what you mean?
sozkmorsty
3
read before comment...it was a commitment between both parties...october 2024 is reached and now his contract is finished...why are you shouting...
DrHalaMsdrid
1
26 years … 38 trophies Funny how things have really changed in today world …. There are coaches who will win 38 trophies in 10year nowadays….. but they can NEVER measure up to Sir Alex …. He’s a legend above any equal
Jamdekmnsz
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good news
Jamdekmnsz
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vary good
Jamdekmnsz
1
vary good
Vanclmrty
4
INEOS touching the UNTOUCHABLE so that they can easily send a clear message to the TOUCHABLE 😂😂😂😂😂🫵
ibreedsoccer
2
this "sack" dey sweet press.
leyikprsz
3
If United can sack Sir Alex who is 10 hag today?
Fumblmnopr
0
is good. doing nothing & paid well. no difference with him in MU