The Glazers are delighted Sir Alex Ferguson will be staying with Manchester United after his retirement was confirmed this morning.
The Scot, 71, will take on an ambassadorial role as well as joining the likes of the Glazers on the United board.
Avie Glazer said: "I am delighted to announce that Alex has agreed to stay with the club as a director.
"His contributions to Manchester United over the last 26 years have been extraordinary and, like all United fans, I want him to be a part of its future."