The legendary Manchester United coach Sir Alex Ferguson has been fired from his position as the club's global ambassador, The Telegraph reports.
Jim Ratcliffe and Alex Ferguson. Photo: Getty ImagesAccording to the source, one of United's owners, Jim Ratcliffe, decided to terminate Ferguson's multimillion-dollar deal with the club, continuing the policy of reducing payments at the Mancunian club. A total of 250 employees are to be laid off.
It is known that Manchester United management plans to cut costs by 40-50 million euros.
