Bad news, Manchester United fans. Phil Jackson will not be coaching your team next season. Sad face!

Just kidding. As it turns out, there's actually nothing but good news for Man U fans right now. Just one day after Sir Alex Ferguson announced that he will be retiring at the end of the current Premier League season, Manchester United has appointed former Everton manager David Moyes as their new leader. Moyes announced that he was leaving his post at Everton a few hours ago and reportedly just struck a deal with Manchester United.

And just like that, Man U is back on the right track again. That was fast.

RELATED: 10 Potential Replacements for Sir Alex Ferguson

[via AP Sports]