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Latest: Manchester United manager Sir Alex Ferguson to retire

by Paddy Power Admin | May 7, 2013

By Paul Mallon | Premier League

Twitter: @paulmallon1

UPDATE

Sir Alex Ferguson will step down as manager of Manchester United after 26 years in charge. Fergie won 38 trophies in his time, winning 60 per cent of his 1,498 matches as the gaffer. He is the most successful manager in Manchester United’s history and a legend of the modern game.

‘The decision to retire is one that I have thought a great deal about. It is the right time,’ Ferguson said.

‘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.’

Sir Alex will stay at the club as a director and ambassador and there is plenty of speculation of who will succeed him. Everton manager David Moyes was odds-on but he is now 6/4 in the betting behind Jose Mourinho at 6/5.

Find out how Paddy reported the story and all the managerial odds below.

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It started with an early morning email from a trader. On Monday Paddy Power was forced to unexpectedly cut the price on David Moyes to replace Alex Ferguson as next manager of Manchester United. A flurry of unusual four-figure bets promoted the action. We reported that story here.

Tonight the silence is deafening from Old Trafford with both the Guardian and Telegraph reporting that big news is imminent on Ferguson’s future. Everton manager David Moyes is, of course, the favourite, but the pally body language between Jose Mourinho and Alex Ferguson during this season’s Champions League was noted by some observers. On Wednesday night, betting on Jose Mourinho did move his price from 8/1 to 11/8, in an admittedly volatile market.

On Tuesday night when one Manchester United contact was asked by PP to comment on the reports that Moyes was set to replace Fergie they replied: “It’s right.”

Football sources earlier told the Paddy Power Blog tonight that it was unusual their calls to Manchester United contacts were now going unanswered, and rumours the players had been told ‘big news’ while on a golf trip today were doing the rounds. That’s not to mention the statue of Fergie, the marquee signing of RVP, the hip surgery over the summerand David Gill’s retirement.

Whoever takes over as the next manager of Manchester United has the biggest job in football. These are just some of Alex Ferguson’s achievements over the last 26 years as United’s most successful boss…

  • 13 Premier League titles
  • 5 FA Cups
  • 2 Champions Leagues
  • 4 League Cups
  • 1 FIFA World Club Cup
  • 8,585 sticks of chewing gum

Betting: Next Manchester United manager

Betting on the next Manchester United manager can be suspended overnight by Paddy Power, but it’s all we’ll read about for the next couple of days.

Next permanent Manchester United manager

(Tuesday night 11.45pm odds from Paddy Power)

4/7 8/11 6/4 David Moyes
8/1 11/8 6/5 Jose Mourinho
14/1 9/1 10/1 Jurgen Klopp
20/1 40/1 C Ancelotti
16/1 25/1 Ryan Giggs
25/1 G Neville
20/1 25/1 Ole Gunnar Solskjaer
33/1 C Queiroz
7/1 33/1 Pep Guardiola

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