Sir Alex Signs
From︰
http://www.manutd.com/news/
fullstory.sps?iNewsid=52387&itype=466&icategoryid=123
Date︰28/1/04 2:03 PM
Reported by Manchester United PLC
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Manchester United is delighted to announce the completion of
formal negotiations with its manager Sir Alex Ferguson,
who has today signed a new contract with the club.
Sir Alex’s current contract with Manchester United would have
expired on 30th June 2005 and the new contract he has signed
provides that from that date the contract will become
an open-ended one-year rolling contract.
Manchester United’s Chief Executive, David Gill, said:
“We came up with the idea for a one-year rolling contract when discussions
first commenced in Summer 2003, because we believe it reflects our total
confidence in the manager and also reduces speculation about his possible
retirement date.
"Sir Alex considers this arrangement to offer distinct advantages over a
long and fixed-term contract in that he feels it will keep him even more
motivated every season and hungry for more success over the future years.
"His fantastic record with Manchester United speaks for itself and
his appetite for the game and his desire to build a new generation of
world-class players at Old Trafford is undiminished.
He has the Board’s 100% support.”
Sir Alex Ferguson said:
“I’m very happy with the new contractual arrangements.
It gives me strong focus on the short-term challenges in the new season ahead
as well as the long-term freedom to look to improve our current squad and
to win trophies both domestically and in Europe.
I believe we have a very strong squad with a nucleus of young and
talented players as well as excellent prospects in our own Academy and
that will give us an excellent foundation for success over future years.
"The Board and, in particular, Chief Executive David Gill have demonstrated
their confidence in me and support for my decision making at every level.
I am enjoying the job more than ever before and I hope I can reward that
confidence on the pitch.”
“I'm very happy with the new contractual arrangements.
I am enjoying the job more than ever."
Manchester United’s Chairman, Sir Roy Gardner, said:
“Sir Alex Ferguson is already established as one the greatest football
manager of all time.We are very lucky to have had his services for
the last 17 years during which time he has been personally responsible for
delivering unprecedented and unrivalled success to this club.
"We have every faith in him to carry on doing a great job for
Manchester United. I have never worked with a man with so much
energy and conviction and who commands so much respect from
both footballers and from those who help run football across the world.
I am personally delighted and proud that he has committed himself to
our club for the future.”
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