Man United Stop Multi-million Pound Yearly Payment To Ferguson

Man United Stop Multi-million Pound Yearly Payment To Ferguson …C0NTINUE READING HERE >>>

Manchester United’s new part-owners, INEOS, have ended a multi-million-pound annual commitment to legendary manager Sir Alex Ferguson.

After his exit as manager in 2013, Ferguson has been retained as a global club ambassador and club director and remunerated with an annual salary.

The only official description of Ferguson’s services as an ambassador to the club is in their 2014 accounts under the related party transactions section, which states that the Scot signed an agreement on October 17, 2013, in which he became a global ambassador and received £2.16 million for his services, an…

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