Sir Alex Ferguson had incredibly successful ‘side business’ alongside his Man Utd career which earned him millions

Sir Alex Ferguson had an incredibly successful side business which made him millions alongside his managerial duties at Manchester United.

After retiring in 2013 following 26 trophy-laden seasons, Ferguson became a global ambassador at United and was paid £2.16 million per year, according to 2014 accounts figures. That arrangement was recently scrapped following a face-to-face meeting with INEOS chief and shareholder Sir Jim Ratcliffe, who is implementing cost-cutting measures at the club.

Ferguson took the news well and remains a non-executive director and still able to host a table of eight in Old Trafford hospitality.