Manchester United manager Sir Alex Ferguson has survived 24 years at the helm of one of the biggest clubs in Europe, and as other clubs sack managers much more frequently, Ferguson reveals that having a capable Chairman is part of what makes United so stable and able to sign great players.
"More than ever, management is a precarious industry. I say to all young managers that the first thing they need is a good chairman,” the Manchester United legend said.
"They also need luck and they need to make sure they're prepared to make sacrifices for the job, because this is an unremitting industry.
"It's a results industry, as we all know, but you can help yourself by being totally committed to that alone."
Ferguson certainly knows what he’s talking about, after amassing 11 Barclays Premier League titles, five FA Cups, four League Cups and two Champions League trophies in his career at Manchester United.
The Glazier family have been in charge of Manchester United since 2005, and have continued to pump money into the club despite controversy with fans over their growing debts.
And Ferguson, who has been through many ups and downs with United over the years, says that sacking managers should be a last resort when a club is going downhill, rather than the first call of action for change.
"My sympathy goes out to managers who lose their jobs," Ferguson said.
"There's been a lot of unusual sackings lately, which I've found hard to understand."