Alex Ferguson’s net worth is estimated at around $70 million. He is known as a Scottish former football manager and player. Ferguson was known for his incredible run at the Premiere League club, Manchester United from 1986 to 2013. His contribution to the club made him one of the greatest managers of all time and has won more trophies than any other manager in the history of football. Alex Ferguson lost his longtime wife Cathy in October 2023.
Alex Ferguson Biography
Ferguson was born Alexander Chapman Ferguson on 31 December 1941 in the Govan district of Glasgow. His parents were Elizabeth Hardie and Alexander Beaton Ferguson. His father was a plater’s helper in the shipbuilding industry. Ferguson had a younger brother named Martin who also played football. He attended Broomloan Road Primary School and later Govan High School.
Alex Ferguson Career
Ferguson began his football career with Harmony Row Boys Club in Govan, before moving on to Drumchapel Amateurs, a youth club with a strong reputation for producing senior footballers. In the quest to support his family, young Ferguson also took an apprenticeship as a toolmaker at a factory in Hillington, being appointed a union shop steward.
Before taking up the role of a manager, Ferguson was a footballer. He first started at Queen’s Park, where he made his debut as a striker at the age of 16. Despite scoring 20 goals in his 31 games for Queen’s Park, he could not command a regular place in the side and moved to St Johnstone in 1960. Ferguson was on a part-time contract with St Johnstone, and he combined working in a Govan shipyard with training at night in Perth.
At St Johnstone, Ferguson could not get regular play despite his lethal goal-scoring skills. St Johnstone’s failure to sign another forward led the manager to select Ferguson for a match against Rangers, in which he scored a hat-trick in a surprise 3–2 victory at Ibrox.
So from St Johnstone, he was signed by Dunfermline. In the following season (1964–65) Dunfermline were strong challengers for the Scottish league title and reached the Scottish Cup Final, but Ferguson was dropped for the final after a poor performance in a league game against St Johnstone. Dunfermline lost the final 3–2 to Celtic, then failed to win the League by one point. The 1965–66 season saw Ferguson notch up 45 goals in 51 games for Dunfermline. Along with Joe McBride of Celtic, he was the top goalscorer in the Scottish league with 31 goals.
From Dunfermline, Ferguson then joined Rangers for £65,000, which was a record fee for a transfer between two Scottish clubs. Though he did well by scoring six goals in nine appearances in the Inter-Cities Fairs Cup including two against in the 1967–68 competition, he was blamed for a goal conceded in the 1969 Scottish Cup Final, and to pay the price, was subsequently forced to play for the club’s junior side instead of for the first team. There were also reports that Ferguson suffered discrimination at Rangers due to his marriage to a Catholic, Cathy Holding
Ferguson joined Falkirk and later Ayr United, where he finished his playing career in 1974. After his playing career, Ferguson was appointed manager of East Stirlingshire in June 1974 at the age of 32. It was a part-time job that paid £40 per week, and the club did not have a single goalkeeper at the time.
From East Stirlingshire, Ferguson was invited to manage St Mirren in October 1974. He did very well and transformed the team into a superb attacking football. He managed the club from 1974 until 1978. Ferguson went on to manage other clubs till he was appointed manager at Old Trafford on 6 November 1986. He went on to win several trophies at the club until he retired in May 2013.
What Happened to Lady Cathy Ferguson?
Ferguson’s longtime wife named Lady Cathy Ferguson passed away on 5 October 2023. She was 84 years old at the time of death. They had three children together.
How much is Alex Ferguson net worth?
Ferguson’s net worth is estimated at around $70 million. Apart from the salary he took from his managerial skills some time ago, Ferguson owns a 2.3-million pound home in Cheshire, England. This home became the subject of a media frenzy after Alex Ferguson voiced his concerns over his neighbour’s development plans.
Furthermore, he receives £2m for 20 days a year as a United ambassador and up to £100,000 for the motivational speeches that he gives. His autobiography has sold more than one million copies and he is available for motivational speaking at £100,000 a go.
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