World news | 20Fix.com

Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed

Ex-manager reported to receive more than £2m a yearSir Jim Ratcliffe’s Ineos has cut 250 staff from payrollThe latest victim of the Ineos-led economy drive at Manchester United is none other than Sir Alex Ferguson. Since his appointment as a club ambassador in 2013, after stepping down as manager, Ferguson has been the recipient of lucrative stipend, with company accounts in 2014 showing his received £2.16m for that role.Now, after Sir Jim Ratcliffe continues the cost-saving begun soon after his purchase of 27.7% of United last December, the club’s most successful manager has fallen victim to the same cuts that removed 250 staff from the United payroll during the summer, as first reported by The Athletic. It is understood Ferguson reached an amicable agreement with the club to cease his...

today 36 hours ago attach_file Politics

									
												15 hours ago											Sir Alex Ferguson 'BANNED from Man Utd dressing room' in second bombshell decision
												
													Sir Alex Ferguson has seen his global ambassador role with Manchester United controversially scrapped by Sir Jim Ratcliffe - and the legendary Scot has now been hit with a second blow												
												
												Events												
											
									attach_file
									Events

									
												32 hours ago											Sir Jim Ratcliffe's ruthless Sir Alex Ferguson decision has divided Manchester United fans
												
													Sir Alex Ferguson will step away from his role as an ambassador for Man United at the end of the season.												
												
												Sport												
											
									attach_file
									Sport

									
												32 hours ago											Sir Jim Ratcliffe facing fresh Man Utd headache after ruthless Sir Alex Ferguson call
												
													Sir Jim Ratcliffe is facing backlash after making the decision to end Sir Alex Ferguson's multi-million pound contract to continue his role an global ambassador at Manchester United												
												
												Politics												
											
									attach_file
									Politics

									
												36 hours ago											Sir Alex Ferguson shows true colours as Man Utd terminate him in shock meeting
												
													Sir Alex Ferguson has been axed from his role as a Manchester United ambassador as part of Sir Jim Ratcliffe's cost-cutting measures at the club, in a brutal move												
												
												Events												
											
									attach_file
									Events

									
												38 hours ago											Man Utd 'terminate' Sir Alex Ferguson contract in shock Ratcliffe move
												
													Manchester United part-owners Ineos have reportedly terminated a seven-figure ambassadorial contract with Sir Alex Ferguson after telling him they cannot afford to continue paying him												
												
												Events												
											
									attach_file
									Events

ID: 11059549