Sir Alex Ferguson set to retire - report

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The Manchester United manager Sir Alex Ferguson is expected to make an announcement about his future at the club soon.

Sir Alex Ferguson's future as Manchester United manager was shrouded in doubt on Tuesday evening, with sources claiming there would be a statement about his position and that the squad had been told to expect an announcement.

A number of Wednesday's broadsheet newspapers, led by the Telegraph, claim the 71-year-old is ready to stand down, bringing an end to his hugely successful 26 and a half years at the helm.

As of Tuesday night, no statement over Ferguson's future had been issued by United. Due to the club's flotation on the New York Stock Exchange, any uncertainty about the figure who is British football's most successful manager would have to be addressed immediately to appease investors and stave off a potential fall in valuation.

Ferguson, 71, is the longest-serving manager in English football. However, speculation about his possible retirement has regularly appeared in recent years and returned in the wake of the Premier League champions' confirmation that Ferguson requires surgery on his hip this summer.

Talks are underway to find a replacement and Everton manager David Moyes is among the frontrunners.

Other managers who may be of interest to United would include Real Madrid's José Mourinho, though he appears favourite to take over at Chelsea, Jurgen Klopp, whose Borussia Dortmund team are in the Champions League final, and Malaga's Manuel Pellegrini.

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