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After Retirement, Alex Ferguson Earn 32M A Day. by Adeznuru(m): 11:42pm On Dec 12, 2015 |
Most people would perhaps want to retire as
soon as possible if they knew even after they
retire, they would still be earning £108,000
(N32m) per day.
Think again if you thought Sir Alex Ferguson was
going to spend his retirement walking the dog
and handling his wife. Not Fergie, as he’s
popularly called by some fans!
The former Manchester United manager got
himself a nice little earner in his dotage – as a
club ambassador – just after his retirement.
Reports stated that the 74-year-old would be
paid £2m (N604m) for 20 appearances a year,
or put another way, about £108,000 (N32m) per
day.
Ferguson retired as Manchester United manager
in 2013 after 26 years at the helm, during which
time the club enjoyed an unprecedented era of
success. In addition to 13 Premier League titles
and five FA Cup triumphs, Ferguson also guided
United to two Champions League trophies.
Ferguson stands out as an absurdly well-paid
retiree whose last significant act for his club
was to arrange the appointment of a dud
successor.
Sir Bobby Charlton, another of the club’s
ambassadors, earns £105,000 (N31.7m) a year
– less than Ferguson’s daily rate.
It’s estimated that Ferguson earns at least 14
times as much as the British Prime Minister,
David Cameron.
A successful football manager
Ferguson was a football manager and player who
managed Manchester United from 1986 to 2013.
His time at the club has led to him being
regarded as one of the most successful, admired
and respected managers in the history of the
game.
He is from Scotland.
Ferguson played as a forward for several
Scottish clubs and was a top goal scorer in the
Scottish league in the 1965–66 season. Towards
the end of his playing career, he also worked as
a coach, then started his managerial career with
East Stirlingshire and St. Mirren.
Ferguson then enjoyed a highly successful
period as manager of Aberdeen, winning three
Scottish league championships, four Scottish
Cups and the UEFA Cup Winners’ Cup in 1983.
He briefly managed Scotland following the death
of Jock Stein, taking the team to the 1986
World Cup.
Ferguson was appointed manager of Manchester
United in November 1986.
During his 26 years with Manchester United, he
won 38 trophies, including 13 Premier League
titles, five FA Cups and two UEFA Champions
League titles.
He was knighted in the 1999 Queen Elizabeth of
England’s Birthday Honours list for his services
to the game.
He was the longest-serving manager of
Manchester United as he overtook Sir Matt
Busby’s record on December 19, 2010. He
retired from management at the end of the
2012/13 season, having won the Premier League
in his final season.
Known to generations of football followers
purely for his management of Manchester
United, Ferguson has been deeply involved in the
beautiful game since 1957, when he joined
Queen’s Park in his native Glasgow as an
amateur centre-forward straight from school.
Few fans perhaps know that the successful
Ferguson once ran a pub. Yes, he once worked
outside football, starting out as an apprentice
toolmaker and shop steward in Glasgow,
Scotland, and much later running a pub that he
renamed Fergie’s with a downstairs bar named
the Elbow Room in memory of his physical style
as a player.
The ex-football manager loves playing golf and
snooker in his free time.
Wealthiest football manager in Britain
Sir Ferguson was reportedly the wealthiest
manager in Britain while he was coaching
Manchester United.
He was worth around £34m (N10bn), according
to the 2013 Sunday Times Sports Rich List.
The list was based on identifiable wealth, which
includes land, property, other assets such as art
and racehorses, or significant shares in publicly
quoted companies, but which excludes bank
accounts.
Prior to the publisher’s list,France Football
2012’s list of highest-paid managers also
included Ferguson as one of the top ten richest.
The then 71-year-old also earned in the region
of £7m (N2.1bn) a year at Old Trafford and
owns a string of racehorses.
Ferguson was also reported to have created $
385m (N76bn) in value for the club, more value
than any other head coach in football history.
By estimation, he was responsible for the
creation of 11 per cent of the publicly-traded
English soccer team’s enterprise value of $
3.5bn (N696bn) as of 2013.
Ferguson accomplished this feat by consistently
winning on the pitch and leading with class,
which enabled Manchester United to build one of
the most valuable brands in sports. The strong
brand, in turn, fuelled the revenue growth which
was superior to the club’s rivals.
Ferguson is a member of the Eclipse 35 film
investment partnership, which the tax tribunal
has ruled cannot claim tax relief.
He is also a member of three similar
partnerships: Clyde Films, Cherwell Films and
Scotts Atlantic Partners.
It was once predicted that even when he retired,
Ferguson was unlikely to disappear from public
view.
He fits his keen interest in horse racing around
his commitments in the dugout as he owns or
part-owns several horses, including Harry The
Viking, which started favourite on April 2012
Scottish Grand National.
Home and cars
Ferguson lives in a mansion in Wilmslow,
Cheshire in England. The place is called
Fairfields, named after the shipyard where his
father worked.
Some would perhaps think sports cars are only
for the twenty- and thirty-somethings, but even
though he is 74, Ferguson had never been afraid
to modernise, as his latest sports car purchase
reveals.
The septuagenarian bought himself a Chevrolet
Volt car in 2013.
When running in its near-silent electric mode,
the Volt has a range of around 50 miles, capable
of getting Fergie to and from United’s training
ground at Carrington while he was still the
manager.
“I think the Volt is absolutely phenomenal,” said
Ferguson. “A friend of mine drove one in the
United States and kept going on and on about it,
so when I had the opportunity, I said yeah, I’m
going to try it because it’s the car of the future,
really. I’m very pleased with it.”
Sir Ferguson also owns other sports car brands,
including a Lamborghini.
Meanwhile, when it comes to wears, he has been
often seen rocking the Nike brand.
Sources: theguardian.com, therichest.com,
bornrch.com, theweek.co.uk, skysports.com,
forbes.com, bbc.com, en.wikipedia.org |
Re: After Retirement, Alex Ferguson Earn 32M A Day. by dontecrosofiso(m): 1:17am On Dec 13, 2015 |
Adeznuru:And so what? what can we benefited from it? |
Re: After Retirement, Alex Ferguson Earn 32M A Day. by prospero5(m): 2:33am On Dec 13, 2015 |
dontecrosofiso:English language goes home 1 Like |
(1) (Reply)
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