"The decision to retire is one that I have thought a great deal about. It is the right time," Ferguson said.
The 71 years old Scot has won 38 trophies since taking over from Ron Atkinson on 6 November 1986, including this season's Premier League title. His haul includes 13 titles, two Champions League crowns, five FA Cups and four League Cups.
Alex added:
"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."Ferguson, who will take on the dual role of director and ambassador for United, praised the people he felt helped him build the club into one of the biggest in the world.
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