Alex Ferguson to retire as Manchester United manager

  • Manchester United manager Alex Ferguson announced on Wednesday that he is to retire at the end of the season.

    Ferguson, 71, has led the British soccer club since 1986.

    "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," Ferguson wrote on United's website.

    Ferguson has guided the team to 13 English league titles, five FA Cups, four League Cups, two Champions League triumphs and FIFA's Club World Cup.

    Following his retirement, the Scot will become a director and ambassador for the club.

    According to media reports, Manchester United could announce a successor before the weekend.

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