News, views and rumours relating to Manchester United in the past 24 hours.
Manchester United confirmed today they have sacked manager David Moyes after 11 months in charge at Old Trafford.
The 50-year-old Scot was announced in May last year as the ‘Chosen One’ to succeed Sir Alex Ferguson after 26 years in charge but the club have now dismissed the coach who had signed a six-year contract.
The announcement was made this morning and, according to reports coaches Steve Round and Jimmy Lumsden have also departed whilst Chris Woods and Phil Neville will remain part of the backroom staff.
Veteran midfielder Ryan Giggs has been named as interim manager following Moyes’ dismissal. The 40-year-old player-coach will be in charge until a long-term replacement is appointed.
The club said in a statement: "Following the departure of David Moyes as manager, Manchester United has announced that Ryan Giggs, the club's most decorated player, will assume responsibility for the first team until a permanent appointment can be made.”
The cost of Moyes’ failure to the club is understood to have underpinned the owners the Glazer family’s decision to oust the manager they had previously backed after the club’s share price fell by 16% in his first six months in charge, leading some to believe the decisions was made to protect the club’s commercial interests.
Since the announcement was made this morning, United’s share prices have risen to their highest point in the 11 months since he was announced as Ferguson’s replacement in May, opening today at $17.90 this morning and rising to $18.60 on the New York Stock Exchange.
Speculation over Moyes’ eventual replacement has since commenced. Currently, the frontrunners are Louis van Gaal, Jurgen Klopp, Carlo Ancelotti, Ryan Giggs, and Diego Simeone.
However, Bayern Munich coach Pep Guardiola has ruled himself out of the running, as has Borussia Dortmund boss Jurgen Klopp and Paris Saint-Germain manager Laurent Blanc.
Meanwhile, Manchester United legend and Sky Sports pundit Gary Neville has criticised the club’s handling of Moyes’ departure from Old Trafford.
"The last 15, 16 hours or however long it's been, I don't like it, it's not the way in which the club should portray itself," Neville said of the rumours flying around in the build up to the announcement this morning.
"I genuinely believe there is a lack of decency now in the way in which football managers get dealt with at all the different clubs. They're just so much in the firing line and they accept it's a pressurised job, they get well paid for it, but I think there is a way of decency with dealing with people.”
The controversial ‘Chosen One’ banner on display at Old Trafford may go to a football museum, according to reports.
Newcastle United are the bookmakers’ favourites to sign Moyes as their new manager with current boss Alan Pardew under fire from critics this season.
A number of club legends have stated their support for Ryan Giggs, including former captain Bryon Robson, Clayton Blackmore, David May, Danny Higginbotham and Dwight Yorke.