Moyes & Mourinho favourites for Man Utd
Man United's Sir Alex Ferguson has been described as the most successful manager in the EPL.
LONDON - Sir Alex Ferguson's announcement that he will retire as Manchester United manager at the end of the season has shook the club's share price in London and New York, and its enormous global fan base.
The club's share recorded a 5% decline after the news broke out on Wednesday.
The hunt is now on for Ferguson's replacement, with Everton's David Moyes the front runner for the job.
Real Madrid manager Jose Mourinho, who established a friendly rivalry with Ferguson while in charge of United's rivals Chelsea, could also be a possible successor.
But, reports indicate that Everton's long-serving boss David Moyes, a Scot like Ferguson, is among the list of bookmakers' favourites to takeover.
CNN's Alex Thomas described Ferguson as star-maker as he brought a number of talented players under his tenure as the United boss, including David Beckham, Cristiano Ronaldo, Ryan Giggs, and Wayne Rooney.
Former Manchester United star Pat Crerand is adamant that the English giants were not caught off guard by Ferguson's resignation.
The star had told Talk Radio 702's Sports Talk that the club knew about the decision for quite some time.
Crerand said, "You'd be expecting it but you don't know when. I mean the manager of 71 years of age you thinking. Well I thought personally, he'd have another go at Europe next year. They were probably going around this for three or four weeks so it is not something that just happened yesterday."
Former Manchester United left back Arthur Albiston said it's going to be tough for Ferguson's successor to match his excellence, let alone surpass the greatness he's achieved at the club.
The 71-year-old Ferguson announced his retirement on Wednesday via the Manchester United Official website, bringing an end to a 26 year spell as United's boss.
The football and sporting fraternity was brought to a standstill upon hearing of his retirement.
Speaking on United's official website, Albiston said the club has no choice but to carry on without Ferguson.
Albiston said Ferguson's first Premier League title in 1992 transformed the club into what it is today.
He added "He has created a monster of a role to fill and what he has created in the past 26 years is an amazing achievement. It's going to be very difficult for anyone to come and surpass his string of success at the club."
Ferguson arrived in Manchester in 1986 after Ron Atkinson was sacked and after a difficult start, began building an empire that shows no sign of crumbling with the club recapturing the English title from Manchester City this season.
Ferguson's passion for the game has never diminished, as was demonstrated this season when he led the club to a record 20th league title, two more than the 18 won by Liverpool whom Ferguson vowed to "knock off their perch" when he walked into Old Trafford in 1986.
His last game in charge will be on May 19 when United face West Brom Albion.
He has been labelled as the most successful manager ever in British football.