Manchester United new part-owners INEOS has continued its cost-cutting programme by ending a multi-million pound annual commitment to Sir Alex Ferguson, the most successful manager in the club’s history.

Former England captain Stuart Pearce has urged Manchester City to pay Sir Alex Ferguson’s wages after Manchester United’s brutal sacking. The legendary Scottish manager found himself at the centre of INEOS ’ latest round of financial cuts, with Ferguson’s lucrative ambassadorial package no longer being paid by the club.

Manchester United’s new part-owner, INEOS, has ended Sir Alex Ferguson’s long-standing ambassadorial role as part of its ongoing efforts to reduce costs at the club.Sir Alex, the most successful