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A good chairman is vital - Fergie

Sir Alex Ferguson says having a good chairman is the most important thing young managers can hope for.

The 69-year-old's 25-year reign at Manchester United looks increasingly out of synch with a modern game where managers are increasingly dispensable.

In an interview in the League Managers Association's The Manager magazine, Ferguson said: "More than ever, management is a precarious industry. I say to all young managers that the first thing they need is a good chairman.

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