Sir Alex Ferguson's staggering net worth as Man United salary axed

The Old Trafford legend will step down from his official role as an ambassador of Manchester United in Ineos' latest cost-cutting measures

Sir Alex Ferguson, the legendary manager of Manchester United, will conclude his official duties at the club following the 2024/25 season. During his remarkable 26-year tenure at Old Trafford, he secured 13 Premier League titles, five FA Cups, four League Cups, two Champions Leagues, the Club World Cup and a World Club Championship.

After retiring from the dugout, Sir Alex served as the club ambassador, earning an impressive £2.165million in his first eight months. Despite retiring as a manager in 2013, Sir Alex has maintained other business interests outside of football.

He owns ACF Sports Promotions Ltd, with his sons Mark, Darren and Jason serving as directors. His late wife, Lady Cathy, was also a director before her passing at the age of 84 in October 2023.

According to recent financial reports, ACF holds £24.3m in assets and investments, marking an increase of £1.6m from the previous year's figure of £22.7m.

The business interests of Sir Alex Ferguson, encapsulated within ACF Sports Promotions, span "other sports activities" and have proven lucrative since his departure as Manchester United manager. The company, which he founded in 1983 using his initials, including his middle name 'Chapman', boasts cash reserves of £5.1m and has contributed £188,832 in corporation tax, reports the Manchester Evening News.

Additionally, ACF is the custodian of football memorabilia valued at £2m, displayed across various museums and universities. Sir Alex's personal fortune is estimated at $70m (£53.5m) by Celebrity Net Worth, a testament to his successful career not only at United but also with stints at St Mirren, Aberdeen, and Scotland.