Moyes sacked; Giggs in charge
David Moyes has been sacked by Manchester United with Ryan Giggs taking over as caretaker-manager.
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It is understood Moyes was axed by vice-chairman Ed Woodward during a meeting at the club's Carrington training ground on Tuesday morning.
A club statement read: "Manchester United announces that David Moyes has left the club.
"The club would like to place on record its thanks for the hard work, honesty and integrity he brought to the role."
The club later confirmed Giggs would be handed the reins for the time being - United host Norwich in their next game on Saturday.
It added: "Following the departure of David Moyes as manager, Manchester United has announced that Ryan Giggs, the club’s most decorated player, will assume responsibility for the first team until a permanent appointment can be made.
"The club will make no further comment on this process until it is concluded."
The news of Moyes' exit had been expected after it was widely reported on Monday afternoon that the Scot was to be axed in the wake of Sunday's 2-0 defeat at his former club, Everton.
In the immediate aftermath of Moyes' departure, Louis van Gaal was the bookies' favourite to become the next permanent United manager. He is currently due to lead the Netherlands at this summer's World Cup.
Sky Bet also had Borussia Dortmund's Jurgen Klopp and Atletico Madrid manager Diego Simeone towards the head of their early market.
However, Klopp, who signed a new five-year deal at Dortmund back in October, was quick to rule himself out of the running, telling The Guardian: "Man United is a great club and I feel very familiar with their wonderful fans. But my commitment to Borussia Dortmund and the people is not breakable.''
Moyes, appointed on a six-year contract only last summer, took over a team crowned champions last season.
However, a miserable campaign has seen them fail to qualify for the Champions League for the first time in almost 20 years and the Red Devils currently sit seventh in the Premier League table.
Moyes, who spent 11 years at Everton before moving to Old Trafford, always knew he had a tough act to follow with his predecessor Sir Alex Ferguson regarded as the most successful British manager of all time.
But few could have predicted the season would go as badly as it has with United having lost 11 of their 34 league games so far. The run means are are struggling to even qualify for the Europa League.
United are guaranteed to end the season with their worst points total in Premier League history and Moyes' home record is the worst of any United boss since 1978 when Dave Sexton was in charge.
Moyes spent more than £60million on recruiting Juan Mata and Marouane Fellaini in the last two transfer windows and there have been suggestions that the club is prepared to throw another £200million at improving the squad this summer.
Moyes was dogged by claims he was not up to the job ever since he took over last July.
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The manager had enjoyed 11 critically-acclaimed years at Everton, leading the club to five top-six finishes. The Toffees qualified for the Champions League for the first time under Moyes' stewardship - although they lost in the qualifying stages of the competition - and he also took the Merseyside club to the FA Cup final in 2009.
But all those achievements were small fry compared to what his predecessor achieved.
The enormity of the task in hand seemed to overwhelm Moyes from day one.
Moyes upset some within the club by bringing in his own coaching staff, while the likes of Rene Meulensteen, Eric Steele, and Mike Phelan departed.
Moyes also botched his first transfer window as United boss. The Scot pursued Barcelona's Cesc Fabregas when the Spaniard had no intention of leaving the Spanish giants.
Thiago Alcantara joined Bayern Munich ahead of United, while the club made a real hash of their attempts to sign Fellaini and Leighton Baines on the cheap.
United's bid of £28million for the pair was branded "derisory and insulting" by Everton.
Baines stayed and United ended up buying Fellaini for £27.5million when they could have bought him for £4million less had they acted quicker.
Moyes rarely looked comfortable in front of the cameras, and for that reason many felt Jose Mourinho, who left Real Madrid to rejoin Chelsea last summer, would have been a better option.
It is understood no decision has yet been made on the futures of the coaches Moyes brought into United - Steve Round, Phil Neville, Chris Woods and Jimmy Lumsden.
Rumours of player unhappiness with Moyes' tactics training methods persisted throughout his reign, although the Scot always denied there were any problems.
In December, Rio Ferdinand questioned Moyes' policy of naming his starting XI on the day of the game, claiming it turned him into a "madman" wondering whether he was to be selected.
Shortly after United's embarrassing 2-0 defeat at Olympiacos, Robin van Persie complained about his team-mates running into his space on the pitch.
The shock news that Danny Welbeck, an academy graduate born in Manchester, wanted to leave the club, did not go down well with the United hierarchy.
Moyes also oversaw the exit of highly-respected club captain Nemanja Vidic, who will leave for Inter Milan in the summer.
Another senior figure and dressing room stalwart Patrice Evra may follow the Serbian out the door when his contract expires.
Moyes succeeded where Ferguson failed in tying Wayne Rooney down to a long-term contract.
Goalkeeper David de Gea and Adnan Januzaj have also developed well during Moyes' reign, but that cannot be said for the rest of the squad and many supporters became disenchanted with the slow and methodical style of play on show at Old Trafford this year.
David Moyes factfile
1963: Born April 25 in Glasgow.
1980: Signs professional forms with Celtic.
1981: Plays against Juventus in the European Cup and represents Scotland Youth.
1982: Picks up a Scottish Premier League winner's medal.
1983: With chances limited at Parkhead, heads to England and Cambridge United.
1985: Moves to Bristol City.
1987: Signs for Shrewsbury.
1990: Moves back to Scotland with Dunfermline.
1993: After a brief spell at Hamilton, joins Preston in September.
1994: Captains North End in the Division Three play-off final defeat by Wycombe at Wembley.
1995: Preston finish fifth again in the Third Division, but lose to Bury in the semi-finals of the play-offs.
Goals for 86
Goals against 54
1996: Preston are promoted after winning the Third Division title. Moyes takes an active role in coaching and is eventually appointed assistant to Gary Peters.
1998: January - surprise choice to take over manager's job when Peters switches roles to oversee the Centre of Excellence.
May - Preston finish 15th in Division Two.
1999: North End finish fifth and reach the semi-finals of the Division Two play-offs, where they are beaten by Gillingham.
2000: Preston romp to the Second Division championship, racking up 95 points.
2001: The Lilywhites finish a surprise fourth in Division One. Moyes takes Preston to within 90 minutes of the Premiership, but they lose out to Bolton in the play-off final.
2002: March 15 - Replaces Walter Smith as Everton manager. Everton win three of their first four matches under his leadership and escape relegation by seven points.
December 5 - With Everton fifth in the Premiership after four successive 1-0 wins in November, Moyes is named Barclaycard manager of the month - the first Everton boss to land such an award for more than three years.
2003: January - Everton suffer surprise 2-1 loss to Third Division Shrewsbury in FA Cup third round.
May - Everton beaten on final day of season by Manchester United and Blackburn take final UEFA Cup place. Moyes named League Managers' Association manager of the year for the first time.
2004: A more difficult season sees Everton narrowly escape relegation but their 5-1 defeat on final day of season sees them finish 17th.
August - Everton sell star striker Wayne Rooney to Manchester United in a deal worth up to £27million.
November 12 - With Everton third in the Premiership after 12 games, Moyes agrees new five-year contract.
2005: May - Everton finish fourth in the Premier League, above city rivals Liverpool, to qualify for the Champions League. Moyes is again named LMA manager of the year.
August - Everton are beaten in Champions League qualifying by Spain's Villarreal.
September - Everton are hammered 5-1 by Dinamo Bucharest and crash out of the UEFA Cup as well.
October - Everton's league form mirrors their European disaster and they sit bottom of the league, resulting in calls for Moyes' head in some quarters.
2006: May - The Toffees stick with Moyes and recover to finish 11th.
2007: May: Steers Everton into the UEFA Cup with a sixth-placed finish.
2008: March 12: The Blues lose on penalties to Fiorentina in the UEFA Cup last 16.
May: Everton finish fifth to qualify for the UEFA Cup again.
September 29: Admits FA charge of improper conduct in relation to an incident against Stoke on September 14.
October 2: Everton crash out of the UEFA Cup in the first round to Standard Liege.
October 14: Signs new five-year contract at Everton.
2009: April - Everton reach the final of the FA Cup with victory over Manchester United, but eventually miss out on the trophy to Chelsea.
2012: Everton finish the 2011/12 season above arch-rivals Liverpool in the Premier League for the first time in seven years.
2013: May 9: Everton announce Moyes will leave the club at the end of the season. United later confirm he will take over as manager on July 1 on a six-year contract.
September 2 - Returns to Goodison to sign Belgium midfielder Marouane Fellaini for £27.5million.
September - Suffers first defeat as United boss as Daniel Sturridge gives Liverpool victory at Anfield. Swiftly followed by 4-1 derby loss at Manchester City and 2-1 reverse at home to West Brom.
2014: January 25 - Signs Spain midfielder Juan Mata from Chelsea for £37.1million.
January - FA Cup third-round exit at hands of Swansea is compounded by Capital One Cup defeat to Sunderland, going down on penalties in the semi-final second leg at Old Trafford.
March - Oversees 3-0 home loss to Liverpool, but guides the club into Champions League quarter-finals by overturning 2-0 first-leg deficit against Olympiacos.
April 9 - Moyes' side crash out of Champions League, 4-2 on aggregate against Bayern Munich.
April 20 - United lose 2-0 at Moyes' former club Everton.
April 22 - Sacked by United.