Graeme Souness has laid into Sir Jim Ratcliffe and the Man Utd owners for their ‘disgrace’ of a decision to complete Sir Alex Ferguson’s annual £2m payments.
Man Utd co-proprietor Sir Jim Ratcliffe has been ruthless – aside from with actual important footballing considerations adore an beneath-performing manager – since he purchased a 27.7% minority stake within the Premier League giants at the start of this year.
In fresh months, Ratcliffe has overseen a trace-decreasing programme as there have been mass redundancies at Old-fashioned Trafford.
These measures have no longer too lengthy ago impacted legendary customary manager Ferguson. Earlier this week it was revealed that INEOS have determined to ‘stay a multi-million pound commitment’ to the Scotsman.
Since retiring in 2023, Ferguson has been Man Utd’s global ambassador and club director. For this, he ‘acquired £2.16m for his products and companies’.
But these payments will no longer be made and Ferguson’s role has changed to that of a a non-executive director.
Souness, who faced Ferguson 20 occasions as a coach, has slammed the decision in his Daily Mail column.
‘What a disgrace. The place on earth is the consideration?’ he wrote. ‘I have to reveal these owners that they have embarrassed themselves.
‘The sum of money he was getting may have been considerable, but is his role really one that the bean counters wished to be having a search for at for their trace savings?
‘United are a cash cow that generates large sums of money, even after they are within the doldrums, as they are genuine now.
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‘Their latest reported annual revenues had been £661.8million. The annual £2m they are decreasing by meting out with Fergie is a drop within the ocean. For me, this decision is proof that the of us now operating the club merely don’t understand how football works, how Man Utd work and how supporters gape that establishment.
‘On the proof of what we’ve seen so far, the players they signed this summer season — Joshua Zirkzee, Manuel Ugarte, Matthijs de Ligt and Noussair Mazraoui — are no longer going to gain United challenging for the large trophies. We’ve no longer seen the fifth, Leny Yoro, because he was injured pre-season.
‘On Saturday afternoon, the club take on Brentford, one of the minnows who are three places above them. Even this game is a very dangerous one for the latest United team.
‘Suitable a final conception for the bean counters. Man Utd are at demonstrate valued at £4.96billion. How mighty of that is down to what Fergie did for the club over 27 years?’
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