“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.”
With these words, Manchester United Coach, Alex Ferguson announced his retirement from the English Premier League side he has managed for over 26 years.
Ferguson took over from Ron Atkinson on November 6, 1986 and won two Champions League crowns, the UEFA Cup Winners’ Cup, 13 league titles, five FA Cups and four League Cups to make him the most successful manager in British football history.
In the video below, sport analysts on Channels Television’s Sport Palava debate if the retirement of Ferguson is good for Manchester United.