Get new posts by email
Menu

EPL: Man Utd terminates Sir Alex Ferguson’s ambassadorial deal

Newnaija 3 weeks ago 0 0
Newnaija.com.ngwp-content/uploads/2021/03/Alex-Ferguson-300×169.jpg 300w, https://Newnaija.com.ngwp-content/uploads/2021/03/Alex-Ferguson-1024×576.jpg 1024w” sizes=”(max-width: 1200px) 100vw, 1200px”>

Manchester United have decided to end Sir Alex Ferguson’s ambassadorial contract with the club.

This means Ferguson will step back from his current ambassadorial role at the end of the season.

ESPN reports that this decision has been taken as part of a cost-cutting drive at the club, since Sir Jim Ratcliffe bought a minority stake in February.

United have also finalised the redundancies of 250 members of staff, saving around £45million in the process.

Ferguson has been a club ambassador since 2013 after he retired as manager.

It has seen the 82-year-old has earned more than £2m annually.

Sources insist Ferguson “will always be welcome at Old Trafford” as the decision was “amicable” and “suiting both parties.”

EPL: Man Utd terminates Sir Alex Ferguson’s ambassadorial deal

Written By

Welcome to NewNaija, your ultimate source for the latest news, entertainment, and lifestyle trends in Nigeria and beyond. Our mission is to provide up-to-date and relevant content that keeps you informed and connected to the pulse of Nigeria. From breaking news and political updates to music, fashion, and tech, NewNaija covers it all with accuracy and speed.

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)

Copy link