Sir Alex Ferguson makes £24million business decision ahead of 83rd birthday

  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 48 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 89%

Sir Alex Ferguson News

Manchester United FC,Aberdeen FC,St Mirren FC

The former Aberdeen and Manchester United manager has resigned as a director of ACF Sports Promotions Ltd.

Footballing legend Sir Alex Ferguson has resigned as a director of his lucrative sports promotion firm - as the former Aberdeen manager nears his 83rd birthday.

The move appears to signal a winding down of his business duties after handing his £24million empire to his sons. Just weeks earlier, Manchester United terminated his role as a club ambassador. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today.No one will be able to see who is signed up and no one can send messages except the Daily Record team.If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'.

The decision to hand over the reins to his sons follows a series of significant personal events including the death of his beloved wife, Lady Cathy, in October last year. The books sent to Companies House earlier in 2024 show football memorabilia assets from Fergie’s glittering career are also worth £1.9m. They are on display at both Old Trafford and the National Football Museum.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines