He was dismissed at a
meeting with executive vice-chairman Ed Woodward at the club's Carrington
training ground shortly after 0800 BST.
Moyes, 50, was chosen
by Ferguson as the man to succeed him when he retired after 26 years in charge
last summer.
United said
player-coach Ryan Giggs will take charge "until a permanent appointment
can be made".
His first match as
interim boss will be the home game against Norwich on Saturday.
The BBC understands
coaches Steve Round and Jimmy Lumsden have also left their posts, but
goalkeeping coach Chris Woods and first team coach Phil Neville will remain
with the club for the rest of the season.
United had refused to
comment on national newspaper reports on
Monday that Moyes - who left Everton to sign a six-year deal with the Premier
League champions - would be dismissed before the end of the season.
But in a statement on
Tuesday the club said it "would like to place on record its thanks for the
hard work, honesty and integrity he brought to the role".
Netherlands coach Louis
Van Gaal, Borussia Dortmund boss Jurgen Klopp, Atletico Madrid's manager Diego
Simeone and Paris St-Germain's Laurent Blanc have already been tipped as
possible successors to Moyes.
United, who lie seventh
in the table with four games remaining, are guaranteed to record their lowest
points tally in the Premier League having struggled at Old Trafford in
particular this season.
Under Moyes, they have
lost six league games at home, been beaten in the FA Cup by Swansea at Old
Trafford and were unable to prevent Sunderland knocking them out of the Capital
One Cup in the semi-finals.
In March, some
supporters chartered a plane to fly overhead during their Premier League game
against Aston Villa trailing a banner with the words "Wrong One - Moyes
Out" - a reference to the banner at Old Trafford that proclaimed Moyes to
be the "Chosen One".
The Reds will miss out
on Champions League football for the first time since 1995 and are in danger of
missing out on European competition altogether for the first time since 1990.
United did reach the
last eight of the Champions League before being knocked out by Bayern Munich
and Moyes argued that their best displays had been in the competition.
But the Scot has been
dogged by claims he has fallen out with members of his squad.
When midfielder
Anderson joined Fiorentina on loan in January, he was quoted as saying other
United players "wanted out"
although he later denied it.
Rio Ferdinand and Robin van Persie also made less than
complimentary comments about his management style, while Javier Hernandez and
Wilfried Zaha posted cryptic quotes on Twitter.
At the weekend,
Manchester-born striker Danny Welbeck was reported to be considering his future
after becoming frustrated at regularly being played out of his favoured
position.
Moyes left Everton
after 11 seasons saying he could not turn down the opportunity to move to Old
Trafford and began his job on 1 July.
However, United endured
a difficult summer transfer window and failed in reported bids for Barcelona's
Thiago Alcantara and Cesc Fabregas.
A double bid for
Marouane Fellaini and Leighton Baines was dismissed as "derisory and
insulting" by Moyes's old club Everton, although Fellaini finally joined
on transfer deadline day for £27.5m.
Moyes was unhappy
United were given a difficult start to the season, playing Chelsea, Liverpool
and Manchester City in their first five games.
"I find it hard to
believe that's the way the balls came out of the bag, that's for sure," he
said.
But his reign began in
style with a 2-0 victory over Wigan Athletic in the Community Shield at
Wembley, followed by a 4-1 win away at Swansea City in the first league game of
the season.
However, things quickly
got worse with defeats at Liverpool and Manchester City, setting the tone for
what would become United's worst Premier League season.
With the exception of
the additional 21 games Matt Busby (manager from 1945-1969) had in charge as
emergency manager following Wilf McGuinness's exit in 1970, and the 22 games
when Jimmy Murphy stood in for Busby after the Munich air crash, Moyes's reign
represents the third shortest in United history.
It is also the first
time since 6 November 1986 that Manchester United have sacked a manager.
The Scot's 49 games in
charge exceeds only the 43 matches Walter Crickmer presided over during the
first of his two spells as manager, while Lal Hilditch was in charge for the
shortest time, lasting just 33 games between October 1926 and April 1927
Source : BBC sport.
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