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Sports Illustrated
Sports Illustrated
Sport
Amanda Langell

INEOS Ends Sir Alex Ferguson’s Ambassadorial Contract With Manchester United

Alex Ferguson Sir Alex Ferguson Manchester United Ineos Jim Ratcliffe Manchester EPL The Red Devils
Sir Alex Ferguson will no longer serve as Manchester United's global club ambassador. | IMAGO/PA Images

Sir Alex Ferguson's role as Manchester United's global club ambassador is coming to an end as part of cost-cutting measures from INEOS.

The Athletic confirmed Manchester United's most successful manager will no longer receive an annual salary of $2.82 million through his ambassadorial contract, a deal that was struck back in Oct. 2013. The decision is just the latest in INEOS founder and CEO Sir Jim Ratcliffe's mission to reduce spending.

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