Breaking News: Sir Alex Ferguson to retire as Man United Manager, David Moyes may take over.

Sir Alex Ferguson...Picture source: BBC Sports

The 71year-old Scot, Sir Alex Ferguson will step down as Manchester United manager at the end of the season after 26 years in charge.

Unconfirmed Reports say David Moyes will be replacing Sir Alex.   

Sir Alex has won 38 trophies during his reign at Old Trafford and will now become a director and ambassador for the club.

His haul includes 13 league titles, two Champions League crowns, five FA Cups and four League Cups.

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

Everton's David Moyes and Jose Mourinho, currently at Real Madrid, were the bookmakers' frontrunners to take over. 

Tributes to Ferguson have been led by Prime Minister David Cameron, who tweeted  "Sir Alex Ferguson's achievement at #MUFC has been exceptional", while former Manchester United goalkeeper Peter Schmeichel told Sky Sports: "It's come as an absolute bombshell. I'm sad and disappointed."

Ferguson, who will undergo hip surgery in the summer, is confident his successor will take over a club in good health after winning their 20th top-flight title 17 days ago.

"It was important to me to leave an organisation in the strongest possible shape and I believe I have done so," he said.

Culled from BBC Sports. 

HBC: Sir Alex is a great coach. All football lovers will surely miss him.