End of an Era: Alex Ferguson Steps Down as Manchester United Ambassador

Manchester United icon Alex Ferguson is set to resign as the club ambassador at the season's end. This decision comes amid large-scale changes within the club following Jim Ratcliffe's investment. Ferguson remains a celebrated figure, having led the club to immense success, including 13 Premier League titles.

Manchester United legend Alex Ferguson will relinquish his position as club ambassador when the season concludes, according to a confidential source speaking to The Associated Press. The source disclosed this development under anonymity due to its non-public nature. Ferguson, who turns 83 in December, is leaving on amicable terms and retains a warm welcome at Old Trafford, the home of his histrorical football achievements with United.

Ferguson's upcoming departure aligns with significant transformations underway at the club, spurred by British billionaire Jim Ratcliffe's $1.3 billion stake acquisition completed in February. The club's comprehensive restructuring plan has already led to approximately 250 staff redundancies as part of cost-saving measures.

Having joined Manchester United in 1986, Ferguson restored the club's dominance, leading them to numerous titles, including two Champions League victories and the famed Premier League, Champions League, and FA Cup treble in 1999. Despite stepping down, Ferguson remains a notable presence at matches as the club navigates new management under recent structural changes.

(With inputs from agencies.)