Sir Alex Ferguson makes £4m in first year of retirement

SIR Alex Ferguson made £4 million in his first year of retirement from football management, new figures have revealed.

Sir Alex Ferguson has racked up the money in his first year of retirement. Picture: Robert Perry

The former Manchester United boss’s personal company has posted an impressive set of results from the 12 months after he left Old Trafford.

The Glasgow-born legend has raked in millions from book deals, personal appearances and public speaking engagements.

Latest accounts for his company ACF (Alexander Chapman Ferguson) Sports Promotions show it had total assets of £11,385,431 for the year up to June 30, 2014.

That included investment property valued at more than £1 million and more than £7 million held in a bank account.

The company, which is used to channel the football great’s earnings, owed £7,475,418 to unnamed creditors leaving Ferguson with a profit of £3,909,913 for the year.

That is more than double the figure of £1,598,415 which the firm reported in accounts for the previous year.

Ferguson, who retired in May, 2013, receives £2 million for working 20 days a year as a Manchester United ambassador.

His autobiography has sold around one million copies and he also has engagements on the most prestigious speaking circuit in the world.

Ferguson, 73, is listed with some prominence by the Harry Walker Agency in New York, alongside stellar names such as Bill Clinton, Henry Kissinger, Kofi Annan, Buzz Aldrin and Bono.

He is available for motivational speaking at Pounds 100,000 a go, and has already travelled to locations such as the Far East to fulfil such commitments.

While Ferguson and his wife, Cathy, have been listed as directors of ACF since 1988, a change came in 2012 when their three sons joined the board in preparation for their father’s career change.