I am a Liverpool icon but how Man United have treated Sir Alex Ferguson is disgraceful

Liverpool legend Graeme Souness believes Manchester United co-owner Sir Jim Ratcliffe and Ineos have acted disgracefully in ending Sir Alex Ferguson's ambassador job and shown they don't fully understand the club.

Earlier this week, MEN Sport reported that Ferguson's time as an ambassador of the Reds will come to an end in the summer. The legendary United boss began this role following his retirement in 2013 and earns approximately £2m per season in the job.

United sources stressed that the decision was handled amicably by all parties and Ferguson was informed he would always be welcome back at the Theatre of Dreams. Ineos' decision comes at a time when they are looking to make sweeping cost-cutting measures at the club.

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This year, 250 jobs at United were made redundant following an audit by Ineos in a bid to make the Reds more profitable. Despite this, Souness writes in his Daily Mail column that Ratcliffe and Co. have made a costly error.

"I must say I am struggling to think of any action that the geniuses running Manchester United could have taken to turn more people against them than terminating Sir Alex Ferguson’s contract as a club ambassador," he explained. "This is the man who led United through the greatest period they have ever known.

"He is, without a shadow of a doubt, the greatest employee that club has ever had. Simply by being around the place, Fergie is a reminder of the passion and quality that United should always be striving for.

"A symbol of the club’s great days, at a time when their dressing room looks so fragmented, with no one really believing they can be successful. Yet he seems to be