Schmid was asked about the prospect last night after their US Open Cup victory over LA Galaxy.
"I have to call him Sir, right? Sir Alex? What horse are you betting on this weekend? Because I know he likes to bet on horses. (laughs) ... It's going to be a pleasure and a privilege to be able to coach against him," Schmid told the Seattle Times.
"I've obviously followed his career. He's a little bit older than me. It's not often I get to coach against someone who's older than me. Always from his days at Aberdeen I thought he was fantastic. I know everyone talks about the Man. United run and what he's done there, but Man. United's a big club and he kept it there.
"He improved it and made it stronger, but when you think about what he did at Aberdeen against Celtic and Rangers, I think that really showed his abilities to bring a group and a team together that people don't expect to win. He's been able to show all sides of it. He's rebuilt the team at Man. United a number of times, so it's going to be a great privilege playing against that organization."