In an official statement, the club confirmed that it had reached the difficult decision to make a managerial change, citing the team's poor start to the campaign and the need to get back on track in pursuit of its ambitions.
The statement read: "After a disappointing start to the season, the club has come to the extremely difficult conclusion that a change is necessary in order to achieve our ambitions."
Despite the decision, Manchester United paid tribute to Carrick, describing him as a club legend and praising his professionalism, dedication and leadership during his time at the club.
The Red Devils acknowledged his contribution both as a former player and during his latest managerial spell, insisting that his achievements from last season would remain fondly remembered by supporters.
"Michael is, and always will be, a Manchester United legend," the statement added.
The club also confirmed that plans were underway to appoint a permanent successor as quickly as possible, although no replacement has been officially announced.
Carrick's departure now leaves Manchester United facing another important managerial transition as the club looks to restore consistency and compete for major honours.
The decision is expected to spark debate among supporters, particularly over the club's direction and who should take charge of the team moving forward.
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