250 jobs cut:
Legend loses job! Brutal austerity measures at United
Manchester United have really cut back! According to British media reports, the club is to cut 250 jobs. This also affects coaching legend Sir Alex Ferguson.
Manchester United co-owner and Ineos owner Jim Ratcliffe wants to make considerable cost savings and is now mercilessly cutting back. Even icon Ferguson is not spared. According to media reports, his contract as global club ambassador and club director will be terminated.
It doesn't help Sir Alex that he was a coach for the Red Devils for 26 years. The now 82-year-old won 38 trophies during this era. Now, however, the chapter at the club close to his heart seems to be coming to an involuntary end.
Ratcliff takes tough action
But Ferguson is not the only one affected by the measures. Ratcliffe's team informed employees back in July that the club would be cutting a total of 250 jobs. Senior staff had their club credit cards revoked and the Christmas party for all employees was canceled.
Sources close to the club report that the separation between United and Ferguson went off relatively peacefully. According to the sources, the club icon would still be welcome to attend matches at any time and would also retain his representative role as director of soccer.
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