Former Man United manager Ferguson to leave ambassador role

Manchester United’s most successful manager Alex Ferguson will step down as a global ambassador after the club’s part-owners INEOS ended his multi-million pound contract.

Ferguson, a familiar sight in the Old Trafford director’s box for years, signed an agreement with United in 2013 to be a club ambassador, receiving 2.16 million pounds ($2.82m) a year.

The split was amicable, according to a team source, who said it was one of a number of time-consuming responsibilities from...