- Manchester United terminates Sir Alex Ferguson’s ambassadorial deal
- Decision part of cost-cutting measures under new ownership
- Rio Ferdinand reacts, saying “no one is safe” at Old Trafford
- 250 staff members made redundant, saving £45 million
- Sir Alex Ferguson to step back from ambassadorial role at season’s end
In a shocking move, Manchester United has decided to end Sir Alex Ferguson’s ambassadorial contract, sparking concerns about job security at Old Trafford.
Former defender Rio Ferdinand took to Twitter to express his thoughts, stating, “If Sir Alex can be let go, no one is safe at Manchester United.”
Ferguson’s departure, effective at the end of the season, is part of the club’s cost-cutting measures implemented since Sir Jim Ratcliffe acquired a minority stake in February.
The decision has raised eyebrows, particularly after the recent redundancy of 250 staff members, resulting in estimated savings of £45 million.
Ferdinand’s tweet hinted at a broader message from the club’s new ownership, suggesting that no one is immune to changes. The legendary manager’s exit marks a significant shift in Manchester United’s leadership structure.
Copyright Warning!
Disclaimer
Comments expressed here do not reflect the opinions of OHAFIATV News or any employee thereof. Also, every opinion expressed in any article is strictly that of the author(s), except where otherwise stated.