Manchester United fans are paying close attention to recent news involving Sir Alex Ferguson’s contract as changes within the club continue to unfold. As a key figure who has shaped the club’s identity, any updates concerning Ferguson carry weight for both supporters and analysts.
Here’s a closer look at the recent developments, notable reactions, and what they might signal for Manchester United’s future.
Alex Ferguson’s ambassador contract comes to an end
Sir Alex Ferguson’s ambassadorial contract with Manchester United is coming to an end, as the club implements cost-cutting measures. This decision follows Sir Jim Ratcliffe’s acquisition of a minority stake in the club in February 2024, prompting financial adjustments, including staff layoffs.
Ferguson has been a club ambassador since retiring in 2013, earning over £2 million annually in this role. The move to end his contract is part of a broader effort to reduce costs, with the club aiming to save approximately £45 million ($58.8m). Despite this, Ferguson will remain a non-executive director and is always welcome at Old Trafford.
The decision has sparked controversy, with former Manchester United player Eric Cantona calling it “scandalous” and expressing his dismay over what he sees as a lack of respect for the club’s most successful manager. Cantona emphasized that Ferguson’s influence should last until “the day he dies.”
Amidst these reactions, the club maintains that the decision is amicable, with both parties in agreement. Ferguson, now 82, is expected to step back from other roles outside of Manchester United as well. He remains a central figure in the club’s history, having led them to 13 Premier League titles and two Champions League victories during his tenure as manager.
While the end of Ferguson’s ambassador role marks a significant shift, it reflects the financial realities currently facing Manchester United. Despite this change, Ferguson’s legacy and connection to the club remain strong, ensuring his continued presence at Old Trafford, even in a reduced capacity.