Big cuts are being prepared at Old Trafford to improve the financial situation, and whatever happens in the coming weeks and months, the decision to terminate Alex Ferguson’s contract will likely have the biggest impact. The legendary coach left his position on the bench back in 2013 but has continued to serve as the club’s ambassador until today. A yearly salary of 2,000,000 euros for this role might sound outrageous to some, but it’s hard to argue that Manchester United has had a more iconic name in its modern history than Sir Alex. In fact, since his departure from the bench, the club has not been the same in terms of results.Man United dismisses Sir Alex – paying him €28.5 million since his retirementThe significance of Alex Ferguson to Manchester United is further highlighted by the reaction of one of the club’s greatest stars, Eric Cantona. The Frenchman took to social media with a rather passionate message addressed to the management of the famous club.“Sir Alex Ferguson should be able to do anything he wants at the club until the day he dies. Such a lack of respect. It’s totally scandalous. Sir Alex Ferguson will be my boss forever! And I throw them all in a big bag of s***!’🚨 NEW: Eric Cantona VIA IG: pic.twitter.com/gdAYFJaL1l— UtdPlug (@UtdPlug) October 15, 2024 Another Ferguson‘s former player Rio Ferdindand took his time to explain the decision by Ratcliffe, trying to emphasize the fact that the new minority owner is not only really trying to cut the costs, but that he is sending a strong message to everyone at the club.’If Sir Alex can be taken out, then NO ONE IS SAFE at [Man United] – anyone can get it now. Ineos sending a message to ANYONE at the club?!?’ he wrote on X.🎥-🔴 For the first time since 1986, starting next season Sir Alex Ferguson will no longer be employed by #MUFC. 🏴 Ferguson became a global ambassador in October 2013 and received £2.16m/ year for his services. pic.twitter.com/9Oakby01pX— Beyond United (@BeyondUTD1) October 15, 2024 As for the man himself, The Athletic claims that Ferguson received the decision amicably. The 82-year-old was informed in a face-to-face meeting with Sir Jim Ratcliffe at Old Trafford, where the decision was understood in the context of United’s ongoing cost-cutting endeavour. Ferguson is said to have been saddened at the sight of former colleagues and friends lose their jobs at Old Trafford in recent months. The decision to remove Alex Ferguson was made by INEOS, the company owned by Sir Jim Ratcliffe, who bought 25% of Manchester United’s shares a few months ago and gained control over the sporting sector. Allegedly, a list with as many as 250 points has been compiled to help the club save money in the upcoming period. In addition to terminating Ferguson’s role as ambassador, there is also the cancellation of the staff Christmas party, significant reductions in transportation and accommodation expenses covered by the club, restrictions on the use of the club’s credit card, and more. Any savings made through these measures are expected to be invested in the playing squad.##NAJAVA_MECA_8419230##
