Man U end Ferguson role

Posted on October 17, 2024October 17, 2024
by Nana Kwesi Coomson
Comment

Sir Alex Ferguson is set to step back from his ambassadorial role at Manchester United at the end of the season, a source has told ESPN.

The decision has been taken as part of a cost-cutting drive at the club put in place following Sir Jim Ratcliffe’s purchase of a minority stake in February.

It comes after United finalised the redundancies of 250 members of staff in a bid to save around £45 million ($58.8m).

Ferguson has been a club ambassador since 2013 following his decision to retire as manager after more than 25 years at the helm.

The role has earned the legendary former boss more than £2m annually and a source has told ESPN that the agreement has been ended as part of “cost-saving measures across the board.”

A club source has told ESPN that the 82-year-old “will always be welcome at Old Trafford” with the decision described as “amicable” and “suiting both parties.”

Ferguson won 13 English league titles during his time as manager between 1986 and 2013. He also won the Champions League in 1999 and 2008 along with another nine domestic cup successes. He remains the last United manager to lead the club to the Premier League title.

POST TAGS

ABOUT: Nana Kwesi Coomson

[email protected]

An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

View all posts by: Nana Kwesi Coomson