Football: Manchester United confirm that Moyes will replace Ferguson as manager

LONDON (AFP) - Everton manager David Moyes was named the new manager of English Premier League giants Manchester United on Thursday.

His appointment, which takes effect on July 1 according to the United website, comes after predecessor Alex Ferguson sent shockwaves through world football by announcing his retirement from the role at the end of the season.

Moyes, 50, met Everton chairman Bill Kenwright in London on Wednesday, hours after Ferguson revealed he would be stepping down at Old Trafford after amassing 38 trophies in 26 years.

The Everton manager, whose contract expires on June 30, will be in charge for Everton's next game at home to West Ham United on Saturday.

Everton close out their campaign away to Chelsea on May 19, as Ferguson oversees his 1,500th game when United visit West Bromwich Albion.

Existing on a comparatively meagre budget at Goodison Park, Moyes' Everton have not finished outside the top eight since 2006. This season, the Toffees are heading for a top-six finish.

Moyes and Ferguson have had a close relationship and the Everton manager has long been considered his fellow Scot's most likely successor.

He was even considered as a possible right-hand man to Ferguson as far back as 2000, when he was in charge at Preston, two years before he took on the Everton job.