To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

How much Sir Alex Ferguson was paid as Man Utd ambassador compared to current squad

How much Sir Alex Ferguson was paid as Man Utd ambassador compared to current squad

Sir Alex Ferguson's ambassadorial contract at Manchester United has been axed following cost-cutting measures.

Sir Alex Ferguson's salary as a Manchester United ambassador has been compared to the wages received by the current squad after his contract was axed.

Following on from his retirement in 2013, United's most successful manager remained involved in the club and agreed to become a global ambassador.

He penned the deal in October 2013 when David Moyes was at the helm and according to The Athletic, was paid £2.16 million per year for his duties.

However, news emerged on Tuesday that the arrangement was being ended - with Ferguson told it was for cost-cutting measures in a face-to-face meeting with shareholder Sir Jim Ratcliffe.

The matter is said to have been dealt with amicably and Ferguson, still a non-executive director, is welcome to attend games and retains his table of eight at Old Trafford.

According to the Daily Mail, Ferguson's wage made up just 0.3 per cent of the clubs annual revenue of £662 million and the newspaper have stacked up his earnings against members of United's squad.

Image: Getty
Image: Getty

Ferguson was effectively being paid £40,000 a week, said to be double what United and England wonderkid Kobbie Mainoo receives.

His ambassador payments also reportedly pocketed him more money than Ferguson also earned more than Amad Diallo and second-choice goalkeeper Altay Bayindir, who are paid £29,000 and £35,000 per week respectively.

Captain Bruno Fernandes became United's top earners when he signed a new three-year contract in August.

With a reported wage of £375,000-per-week, Fernandes's annual wage comes in at £19.5 million and Ferguson's pay packet is 10.7 per cent of that.

Casemiro's total earnings for the year are £18.2 million courtesy of the £350,000-a-week he nets, while England pair Marcus Rashford and Mason Mount aren't far behind.

Despite failing to impress at United, Antony's earnings of £10.4m per year are around five times Ferguson's figures.

Image: Getty
Image: Getty

The 13-time Premier League winner will not be paid after the end of the current season and a separate report claims he and other board members are not allowed in the United dressing room.

It breaks a tradition which dates back to the Sir Matt Busby days.

Featured Image Credit: Getty

Topics: Sir Alex Ferguson, Manchester United, Sir Jim Ratcliffe