MANCHESTER, England — Legendary Manchester United figure Alex Ferguson is set to resign from his position as club ambassador at the conclusion of this season, according to an informed source.
The individual opted to remain anonymous as the announcement has yet to be made public.
Ferguson, who will celebrate his 83rd birthday in December, is reportedly leaving the ambassadorship amicably, with reassurances that he will always be welcomed at Old Trafford.

Ferguson’s tenure at United is marked by extraordinary success; he secured 13 Premier League titles and holds the record as the club’s most accomplished manager with a total of 28 major trophies.
After retiring in 2013, when he guided United to their last league title, he has served as an ambassador for the club.
His decision to step down comes at a pivotal moment as Manchester United undergoes significant changes, particularly following British billionaire Jim Ratcliffe’s partial buyout in February.

Following Ratcliffe’s investment of $1.3 billion to acquire a 27.7% stake, Manchester United has initiated a comprehensive restructuring effort that includes layoffs totaling approximately 250 positions.
The club’s financial challenges are evident as they reported losses amounting to 113.2 million pounds ($148 million) in their latest financial statements.

Ferguson joined Manchester United in 1986 during a period when the club struggled to reclaim its status as the leading force in English football.
He transformed the team’s fortunes, breaking a 26-year wait for the league title in 1993 and leading United to dominate the Premier League until his retirement, culminating with the club’s championship victory over Manchester City by an 11-point margin.

In addition to his league titles, Ferguson’s impressive accolades include two Champions League championships and an unparalleled treble in 1999, when he led the team to triumphs in the Premier League, Champions League, and FA Cup.

Since his retirement, he has been a consistent attendee at United matches, both home and away, during a period marked by the club’s evident struggles on the pitch.
Ratcliffe has taken charge of Manchester United’s soccer operations as part of his minority investment, which had previously been overseen by the majority ownership of the Glazer family from America.

Recently, a new CEO, Omar Berrada, and a sporting director, Dan Ashworth, have been appointed, while Dave Brailsford and Jean-Claude Blanc from Ratcliffe’s Ineos Sport now hold positions on the board.