Great Scot! Alex Ferguson retires as Man U coach

05/9/2013 | Bloomberg Businessweek

Famously dour Scottish soccer manager Alex Ferguson will step down as coach of Manchester United, ending a 26-year run that saw his team win the English soccer league 13 times. Man U's share price fell nearly 5% on the news, with the team admitting that Ferguson's replacement "may not be as successful as our current manager."

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