Amid rampant speculation that he would step down,
United tweeted: "Sir Alex Ferguson retires. #thankyousiralex".
A club statement read: "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."
He 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,” said Scot Ferguson,
who is set for hip surgery in the summer.
"It was important to me to leave an organization 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.
Source:
Yahoo News