The Sun says his new £37.5million contract makes him British football’s highest-paid boss.
The Manchester City chief ended speculation about his future last night, despite a £6.5m-a-year approach from the Russian FA.
He said: “I’m very much looking forward to the challenges and excitement ahead. The opportunity that exists to build on our recent success is huge.”
Fergie earns around £4m a year at Old Trafford.