Sir Alex Ferguson will retire at the end of the season, Manchester
United (NYSE: MANU) announced today.
The most successful manager in English football history will bow out
after the West Bromwich Albion game on 19 May and join the football club
board.
Announcing his decision to retire, Sir Alex Ferguson said:
“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 quality of this league
winning squad, and the balance of ages within it, bodes well for
continued success at the highest level whilst the structure of the youth
set-up will ensure that the long-term future of the club remains a
bright one.
“Our training facilities are amongst the finest in global sport and our
home Old Trafford is rightfully regarded as one of the leading venues in
the world.
“Going forward, I am delighted to take on the roles of both Director and
Ambassador for the club. With these activities, along with my many other
interests, I am looking forward to the future.
“I must pay tribute to my family, their love and support has been
essential. My wife Cathy has been the key figure throughout my career,
providing a bedrock of both stability and encouragement. Words are not
enough to express what this has meant to me.
“As for my players and staff, past and present, I would like to thank
them all for a staggering level of professional conduct and dedication
that has helped to deliver so many memorable triumphs. Without their
contribution the history of this great club would not be as rich.
“In my early years, the backing of the board, and Sir Bobby Charlton in
particular, gave me the confidence and time to build a football club,
rather than just a football team.
“Over the past decade, the Glazer family have provided me with the
platform to manage Manchester United to the best of my ability and I
have been extremely fortunate to have worked with a talented and
trustworthy Chief Executive in David Gill. I am truly grateful to all of
them.
“To the fans, thank you. The support you have provided over the years
has been truly humbling. It has been an honour and an enormous privilege
to have had the opportunity to lead your club and I have treasured my
time as manager of Manchester United.”
Joel Glazer said:
“Alex has proven time and time again what a fantastic manager he is but
he’s also a wonderful person. His determination to succeed and
dedication to the Club have been truly remarkable. I will always cherish
the wonderful memories he has given us, like that magical night in
Moscow.
Avie Glazer said:
“I am delighted to announce that Alex has agreed to stay with the Club
as a director. His contributions to Manchester United over the last 26
years have been extraordinary and, like all United fans, I want him to
be a part of its future.”
David Gill said:
“I’ve had the tremendous pleasure of working very closely with Alex for
16 unforgettable years – through the Treble, the double, countless
trophy wins and numerous signings.
“We knew that his retirement would come one day and we both have been
planning for it by ensuring the quality of the squad and club structures
are in first class condition.
“Alex’s vision, energy and ability have built teams – both on and off
the pitch – that his successor can count on as among the best and most
loyal in world sport.
“The way he cares for this club, his staff and for the football family
in general is something that I admire. It is a side to him that is often
hidden from public view but it is something that I have been privileged
to witness in the last 16 years.
“What he has done for this club and for the game in general will never
be forgotten. It has been the greatest experience of my working life
being alongside Alex and a great honour to be able to call him a friend.”
