Ed Woodward, who will become Manchester United's chief executive in the summer when David Gill steps down, said David Moyes "is cut from the same cloth" as his predecessors at Old Trafford.
In David Moyes, we have secured the services of an outstanding manager who has all the skills to build on the phenomenal legacy in place today.
I have no doubt that he will bring an energy and commitment to deliver winning football that is part of the fabric of this Club. In this respect, he is cut from the same cloth as the Old Trafford greats who go before him.
I have been very impressed by David’s personal and managerial traits, which reflect the Manchester United values. I have no doubt that he will embrace, and soon become an integral part of, United’s unique culture and heritage.
David Moyes will hold his weekly press conference this afternoon but will not answer questions about Manchester United manager.
Loyal, driven and fiercely competitive - the traits of the new Manchester United manager David Moyes
David Moyes has emerged as the frontrunner to succeed Sir Alex Ferguson as Manchester United manager.