Here is a look back at the key dates in the United boss’s glittering career to date.
1941: Born December 31 in Govan, Glasgow.
1957: Joins Queen’s Park as amateur while apprentice toolmaker in Glasgow factory.
1960: Joins St Johnstone as part-timer.
1964: Quits toolmaking and joined Dunfermline.
1967: Moves to Rangers for £65,000.
1969: Another move, this time to Falkirk, for £20,000.
1973: Joins Ayr, returning to part-time ranks while running his Glasgow pub.
1974: Appointed manager of East Stirling in September, but moves to St Mirren three months later.
1978: Sacked by St Mirren and appointed at Aberdeen as successor to Billy McNeill.
1980: First managerial honour as Aberdeen win Scottish championship.
1982: Aberdeen win the Scottish Cup beating Rangers 4-1.
1983: Aberdeen retain Scottish Cup, this time beating Rangers 1-0, and defeat Real Madrid 2-1 in Gothenburg to lift European Cup Winners’ Cup.
1984: Aberdeen win League and Cup double, beating Celtic 2-1 in the Cup final. Ferguson awarded OBE.
1985: Appointed caretaker manager of Scotland following death of Jock Stein during Wales v Scotland World Cup qualifier.
1986: Scotland bow out of Mexico World Cup after first round. Ferguson leaves Aberdeen to take over at Manchester United after sacking of Ron Atkinson.
1989: Breaks British transfer record to sign Gary Pallister for £2.3million from Middlesbrough.
1990: First trophy at Old Trafford as United beat Crystal Palace 1-0 in an FA Cup final replay after a 3-3 draw.
1991: United beat Barcelona 2-1 in Rotterdam to win Cup Winners’ Cup.
1992: European Super Cup arrives at Old Trafford as United beat Red Star Belgrade, while first League Cup triumph booked with 1-0 defeat of Nottingham Forest. Championship dream dies as Leeds overhaul United in final weeks of the season.
1993: Old Trafford’s 26-year wait for title is ended as United finish 10 points clear of Aston Villa to win inaugural Premier League title; Signs Roy Keane from Nottingham Forest for British transfer record £3.75million.
1994: United become only sixth team to complete championship and FA Cup double.
1995: Breaks British transfer record again to sign Andy Cole from Newcastle for £7million; United finish runners-up to Blackburn in the league and Everton in the FA Cup.
1996: United become the first club ever to complete the championship and FA Cup double twice, overcoming one-time runaway leaders Newcastle in the Premiership and then beating Liverpool 1-0 at Wembley.
1997: Claims fourth championship title in five seasons.
1998: Finishes season trophyless as Arsenal win double.
1999: Leads United to the treble of European Champion League, Premiership and FA Cup; Knighted in the Queen’s Birthday Honours.
2000: Guides United to a sixth Premiership title, finishing the campaign 18 points clear of Arsenal.
2001: Wins seventh title in nine years; Breaks British transfer record twice in year to sign Ruud van Nistelrooy for £19million and then Juan Sebastian Veron for £28.1million.
2002: Changes plans to retire to sign a new three-year deal as United manager; United finish outside top two in Premier League for first time.
2003: Involved in dressing room bust-up with star player David Beckham, who it emerges was cut in the face by a boot kicked by Ferguson in frustration; Courts controversy by claiming Champions League draw is fixed; United win title again; Launches a legal action against major United shareholder John Magnier over stud rights to top racehorse Rock of Gibraltar.
2004: Win FA Cup with victory over Millwall in final; Signs Everton star Wayne Rooney for a fee which could rise to £27million.
2005: United lose FA Cup final to Arsenal on penalties.
2006: Wins the League Cup for only the second time thanks to a 4-0 thrashing of Wigan.
2007: Wins first Premier League title for four years but United are denied the double after FA Cup final defeat to Chelsea.
2008 (Prediction/Wish): Wins European Champion League the 2nd times, wins EPL the tenth times