David Moyes Named New Manchester United Manager

David Moyes quits as manager of Everton to take over Manchester United. 

Everton has confirmed that David Moyes will leave the club at the end of the season after 11 years as manager, with the Scot expected to be announced as Sir Alex Ferguson's successor at Manchester United.

Moyes currently earns £4m a-year at Everton, making him better paid than any of his players and he can expect to receive a sizeable increase in these terms at United.

United prematurely welcomed Moyes as their new manager on their Facebook site and then took the link down again.

Moyes went through the formalities of his departure at the club's Finch Farm training base on Thursday morning, having returned from Merseyside after watching Chelsea draw 2-2 with Tottenham Hotspur on Wednesday at Stamford Bridge.

Everton confirmed Moyes had told the chairman Bill Kenwright of his desire to succeed Ferguson at United when he retires at the end of the season and that he would not be extending his contract with the Goodison Park club. "The chairman, on behalf of the club, would like to place on record his thanks to David for the massive contribution he has made to Everton since his arrival in March 2002," the club said. "He has been an outstanding manager."

The statement then paid tribute to Moyes, who will remain in post for the rest of the season, before confirming the search for a successor would start now.

"During his tenure at Goodison Park, David has taken charge of the team on over 500 occasions including four European campaigns. His final two games as Everton manager will be the remaining Premier League matches against West Ham United and Chelsea. Everton officials will start the search for a replacement manager immediately."

Moyes leaves Everton having never won a trophy since taking over in 2002. But he stabilised the club and in more than a decade Everton finished outside the top 10 twice, qualified for the Champions League once, and reached an FA Cup final.

It is expected that Moyes will officially take charge of United on 1 July, the day after his contract with Everton expires though he will take an active part in his new club's summer recruitment strategy.

I wish him all the best!