Manchester United has had a difficult season in recent seasons, far worse than before in terms of results, has long lost the position it was when it dominated the Premier League, and what is even more unacceptable to fans is that they have been suppressed by their rivals Manchester City. At the same time, the club's development under the governance of the Glazer family has become more and more difficult, and the situation has improved after Sir Ratcliffe bought Manchester United, but the major shareholders of Manchester United are still affected as a whole, and they are more than they were before.
According to news from the British media, INEOS, one of the shareholders of Manchester United, extended its big hand to Manchester United Club in order to cut expenses, and fired Ferguson, the soul of Manchester United. Alex Ferguson may have retired, but he still has a position at Manchester United, where he is the global ambassador for United, a position that INEOS has set up for him and hired him to pay for. Although the position is an idle position with almost no formal work, the annual salary is as high as £2 million, which is also considered to be in recognition of Ferguson's contribution to the club.
Ferguson, who retired in 2013, signed a contract with the company the same year to become the club's global ambassador, receiving a salary of more than £2.16 million a year, or around $20 million, and now he has been paid for more than 10 years, totalling more than £20 million. Alex Ferguson is basically attending club events, and that's what he does. While Alex Ferguson deserves such a retirement, the current United shareholders want to cut back on the club's spending, and the decision was unanimously made after discussions at the club's hierarchy. Ratcliffe spoke with Ferguson and informed him of his decision.
The conversation between the two sides was relatively friendly, after all, the 82-year-old Ferguson is no longer so concerned about money, and although he is no longer an ambassador for Manchester United, the club still invites him to watch the game at Old Trafford, and the exclusive box has always been reserved for him. While fans have widely criticised the Glazer family, Ferguson has never been directly critical of shareholders because he still receives a salary at the club, but now that the employment relationship is no longer there, he may begin to express himself more objectively.
I have to say that Manchester United has a serious problem now, the club spends more than 100 million pounds every season to bring in reinforcements, and it turns out that these reinforcements are not worth such a high investment, Manchester United only then remembered to save costs, and the way to save costs turned out to be Ferguson. Ratcliffe didn't do this properly, after all, the Glazer family, which was criticized by fans, did not do it during the period, and he expelled the team legend as soon as he took office, which also caused huge dissatisfaction among fans.