Sir Alex Ferguson is retiring as manager of Manchester United, the club has confirmed.
The manager, who has been at the club for 26 years, said in a
statement: "The decision to retire is one that I have thought a great
deal about and one that I have not taken lightly. It is the right time."It was important to me to leave an organisation in the strongest possible shape, and I believe I have done so."
The Scotsman secured his 13th Premier League title with Manchester United two weeks ago and is the most successful manager in British football history.
An announcement is expected within days, with Sky sources saying Everton boss David Moyes is in "pole position" to get the job.
Ferguson, 71, will stay at Manchester United as a director and an ambassador, but now has just two games left with the famous club.
His final game, away to West Brom on May 19, will be his 1,500th in charge.
"With these activities, along with my many other interests, I am looking forward to the future," said Ferguson.
"I must pay tribute to my family, their love and support has been essential."
The success of the club would continue without him, said Ferguson, who had a stand at Old Trafford named in his honour in 2011.
"The quality of this league winning squad, and the balance of ages within it, bodes well for continued success at the highest level ... the long-term future of the club remains a bright one," said Ferguson.
Premier League chief executive Richard Scudamore told Sky News the Scot was a "constant professional" who was bowing out on a high.
"In some ways it's a shock, in some ways the timing couldn't be better," he said.
FA chairman David Bernstein hailed Sir Alex's tenure as "truly remarkable".
"He is genuinely one of the greatest managers of all time and certainly of the modern era. His contribution to English football has been outstanding in every regard," said Mr Bernstein.
Source SKY
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