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SBD Global/May 23, 2013/People and Pop Culture

Alex Ferguson Lands $3M Deal To Make 20 Appearances As ManU Ambassador

Alex Ferguson will make up to $3M a year as ManU ambassador.
JASON FERGUSON "is masterminding" father ALEX FERGUSON's "hugely lucrative post-management options" nine years after the ManU board pledged never to do business again with his football agency, according to Charles Sale of the London DAILY MAIL. Jason Ferguson's disbanded Elite Sport "ceased to act on United transfers following an internal inquiry" into the 99 questions posed by ManU’s then major shareholders JOHN MAGNIER and JP MCMANUS, which put Alex Ferguson transfer dealings "under unprecedented scrutiny." However, the wheel "has turned to the extent" that Alex Ferguson’s reported £2M- ($3M)-a-year ManU ambassador deal "was negotiated by Jason." The contract is for 20 appearances per year "that value Sir Alex’s time" at £100,000 ($151,000) a day. And that day rate is what Alex Ferguson "could expect to earn on the business management speaking circuit around the world." Jason Ferguson is also "handling his father’s dealings with publisher Hodder & Stoughton for his second autobiography," to be published in October. An advance of around £2M "was agreed three years ago" (DAILY MAIL, 5/21).
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