Sir Alex Ferguson no longer needs intensive care after undergoing emergency surgery on Saturday for a brain haemorrhage, Manchester United have announced.
Ferguson, 76, will continue his rehabilitation as an inpatient at Salford Royal Hospital.
The Scot retired as United manager in May 2013 after winning 38 trophies during 26 years in charge.
“His family have been overwhelmed by the level of support,” the club added.
The family continue to request “vital” privacy as Ferguson enters the next stage of his recovery.
Ferguson has emergency surgery
Giggs praying for Ferguson
He was last seen in public at Old Trafford last month when he presented outgoing Arsenal boss Arsene Wenger with a commemorative trophy.
Reacting to the update on his condition, Wenger said: “It’s fantastic news. He has worked very hard and deserves a long period of enjoying life. I hope he’s back soon and in good shape.”
Yaya Toure wished Ferguson a speedy recovery before the midfielder gave a farewell speech following his final game for Manchester City.
The most successful manager in the history of the British game, Ferguson’s trophy haul at Old Trafford included 13 Premier League titles, two Champions League crowns, five FA Cups and four League Cups.
Ferguson famously won the Treble of Premier League, FA Cup and Champions League in 1999, the year in which he was knighted.
A host of Premier League managers , including Wenger and Manchester City’s Pep Guardiola, sent their good wishes over the weekend to Ferguson.
Wenger described Ferguson as “an optimistic man” with Guardiola saying his thoughts were with Ferguson’s wife Cathy and the rest of his family.
Guardiola said on Wednesday night it was “amazing news” that he had left intensive care.
Ferguson became United manager in November 1986 after spells in charge of Scotland, Aberdeen and St Mirren.
Sir Alex Ferguson’s Man Utd trophies
Premier League: 1993, 1994, 1996, 1997, 1999, 2000, 2001, 2003, 2007, 2008, 2009, 2011, 2013 FA Charity/Community Shield: 1990 (shared), 1993, 1994, 1996, 1997, 2003, 2007, 2008, 2010, 2011
FA Cup: 1990, 1994, 1996, 1999, 2004 Uefa Super Cup: 1992
League Cup: 1992, 2006, 2009, 2010 Inter-Continental Cup: 1999
Champions League: 1999, 2008 Fifa Club World Cup: 2008
Cup Winners Cup: 1991