Confirming reports in the morning's newspapers, the club made an announcement to the New York Stock Exchange, upon which the club is listed, this morning. It follows rumours at the players' golf day on Tuesday that Ferguson was preparing to make the announcement he was to leave the club, which were not denied by senior figures.
Ferguson, 71, said in a statement on the club's website that he believed he would leave the club in the "strongest possible shape" and in addition to his work as a director would also be an ambassador for the club. His team will collect their 13th Premier League trophy on Sunday and his final game will be away at West Browmich Albion a week on Sunday. More to read after the cut....
He paid tribute to his wife, Cathy, his family, the fans and all his players as well as Sir Bobby Charlton and the Glazer family, the owners of the club. Although Ferguson has rowed back on a retirement date before, at the end of the 2001-2002 season, this time there will be no change of mind.
"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
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