He’s not a Billionaire for nowt is Sir Jim.
He’s obviously took a deep dive into everything and found too many hanger ons who do very little to justify their income, Fergie included.
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Sir Alex Ferguson sacked from his lucrative position of Global Ambassador at Manchester United.
Manchester United co-owner Sir Jim Ratcliffe has been cost cutting at Old Trafford, with Alex
Ferguson losing the position of Global Ambassador.
Alex Ferguson retired in 2013 has Manchester United manager, but took up the ambassador role
on a reported £2.16m a year salary.
Alex Ferguson will still act has a non executive member of the board, with ambassador role salary
ending at the 2024-25 season end.
Co-Owner Jim Ratcliffe, reported to have cancelled the Christmas party.
Last month is was revealed he is letting go of 250 employees at the club.
Cancelled senior Manchester United staff's private cars & reduced lunch privileges on match days.
Cancelled credit cards of heads of departments
Jim Ratcliffe has brought in 5 new rules at the club.
1 - Age limit of 25 on new signings at Manchester United
2 - No Galacticos
3 - Style of play to be set by Technical director Jason Wilcox
4 - Manager to be asked what position he wants to sign
5 - Ineos [Jim Ratcliffe company co-owner] to send list of 3 signings per position, for manager to choose from.
Last edited by Ericsladkilnhurst; 15-10-2024 at 03:20 PM.
He’s not a Billionaire for nowt is Sir Jim.
He’s obviously took a deep dive into everything and found too many hanger ons who do very little to justify their income, Fergie included.
Last edited by Brin; 15-10-2024 at 04:14 PM.
How can he do all this with only a 27.7% stake in Man U.
Fair play to him I say maybe if they didn’t give Sir Alex 2 mill a year freebie meals and cars not to mention stupid fees and wages they’d have been able to keep the 250 poor souls on
Just shows how mad its all gone when millions chucked at Fergie for what ?????
Not so long since Bury Fc folded for a fraction of what he got / gets for goin to games . Eating , drinkin in best venues - bonkers !!!!
Sir Jim Ratcliffe bought 27.7% of Manchester United for a reported £1.3billion, with a agreement
that he has sporting control, so therefore 100% of football operations.
The Glazer's agreed to this deal, where as they can just sit back, & count the profits.
Out of the 250 staff getting the boot, one bloke had been at the club 25 years, so much for loyalty.
Football is about 22 blokes trying to boot a piece of leather into a net. Look where this simple pursuit ended up. Truly Orwellian. I'm glad we are still in touch with reality at RUFC even if it's often grim. The soul of the game lives on with us although other clubs have been consigned to the dustbin because of money men. I hate the Premier League
It's laughable he was getting £2m a year to shake a few hands. It's more laughable that he turned a club without a league championship in a generation, a 44,000 capacity stadium, and a sale value of £20m into what it is today, and he didn't automatically get a lifetime deal to provide more than £2m a year.
But yeah, as above, I also hate the PL and most of what it stands for. They kill our game too.