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Man United Terminate Alex Ferguson's Ambassadorial Contract: Report
Sir Jim Ratcliffe: Manchester United new part-owners INEOS have ended a multi-million pound ambassadorial contract with Alex Ferguson as the club continued its cost-cutting programme.
Ferguson, the most successful manager in the club’s history, had been retained as a global club ambassador following his exit as manager in 2013, which brought an end to a 26-year reign in which he won 38 trophies, which includes 13 Premier League titles, two Champions Leagues, five FA Cups and four League Cups and others.
According to The Athletic report, INEOS have been exhausting all avenues to reduce costs and that led them to zoom in on the club’s commitment to Ferguson, who is still a regular attendee of games in the directors’ box both at home and away matches.
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