The Athletic FC Podcast Network.

Hello and welcome to the Athletic FC podcast with me, Iyo Akim Wellere.

Well, today Adam Crafton has exclusively revealed that Sir Alex Ferguson's Manchester United

ambassadorial contract has been ended by the club.

So why have Ineos taken this decision?

And with Eric Ten Hagg back at work after the international break,

does this mean that the owners have also taken a decision on the manager?

So joining me today is the Athletics Adam Crafton,

our Manchester United correspondent Laurie Whitwell and Phil Hay as well.

Right, Adam, you broke the story today of the decision to answer Alex Ferguson's

ambassadorial contract at Manchester United.

Right, tell us why this has happened.

Well, I think this has happened in the context of everything that's going on at Man United at the

moment. So you've got all these cost-cutting measures. You know, you're looking at tens of millions.

I think in the latest set of accounts, they're talking around 40 to 50 million over a set period of

time that they're

looking to bring in. And we've seen, you know, some pretty, if you're talking in very kind of old

school language, kind of cuts on the shop floor, right? People losing their jobs in kind of all

different sections of the club. And I think INEOS have zoned in wherever possible on where they can

be, you know, the words they would use, words like cost rationalisation and efficiencies

and all those kind of corporate cutting words. And one area that they've zoned in on is, you know,

the amount of money that Manchester United continued to pay Sir Alex Ferguson

...