Manchester United Says David Moyes Has Left Soccer Club

Manchester United said manager David Moyes has left the soccer club, which is having its worst season since the Premier League began.

“The club would like to place on record its thanks for the hard work, honesty and integrity” Moyes brought to the role, United said on its website today.

Defending champion United is seventh in the Premier League and has racked up 11 defeats -- the most since the championship began in 1992. Moyes, 50, replaced Alex Ferguson last year, succeeding the team’s most successful coach who won 38 trophies in 26 years.

A loss to Everton two days ago ended United’s chances of qualifying for next season’s Champions League, Europe’s elite tournament which earned United 35.6 million euros ($49.1 million) in prize money last season.

The Daily Mail and other U.K. newspapers reported yesterday that the Glazer family, which owns United, had lost patience with Moyes and would fire him.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE