Former Manchester United manager Alex Ferguson has agreed to a "long-term teaching position" at Harvard.

Local reports said on Friday that Ferguson, who retired at the end of last season after more than 26 years at Old Trafford, will return to Harvard next month by lecturing "senior executives from around the world" as part of the school's new program on the business of entertainment, media, and sports.

The 72-year-old said, "I'm delighted to have the opportunity and privilege to contribute to such a respected center of excellence.

"The time I have already spent at Harvard has been a stimulating experience and I look forward to developing my relationship and activities with the students, faculty and friends of the Harvard Business School community."

Ferguson, now a club director and ambassador, gave a lecture on his management style at the university in 2012.

The Scot won 38 trophies while managing United, including 13 league titles and two Champions League crowns.