Breaking news: Rio Ferdinand finally opens up on him being Manchester United next assistant coach ,here is what he said about the situation .

 Rio Ferdinand has insisted rumours 

about him becoming Manchester United

 assistant manager are 'mad lies' -

 but has revealed he would 'crack the

 whip' on their underperforming 

players if he did.

Ralf Rangnick, currently in interim 

charge of the club, is set to 'move 

upstairs' into a consultancy role this 

summer, with United looking for a new

 boss to replace the German. Ajax boss 

Erik ten Hag was interviewed for 

the role on Monday.

And there was speculation Ferdinand 

would become ten Hag's No 2 if the 

Dutchman took the job - something 

the legendary former defender denied

 on his Five YouTube channel.

He said: 'I've been online and I'm 

meant to be applying for the assistant 

manager's job at Man United. I don't 

know who gets this mad news. When 

have you pressed the send button 

and thought you're not going to get 

me to come back and go 'actually, 

no I ain't, what are you chatting about?'

'So whoever has told you that, you 

need to go back to your source and 

say 'listen man'. But if I did go in there - 

woo - the whip would be getting cracked

! Crack that whip. But no, no I'm not

, man. I'm not going in there.

'(Laughs manically) Listen, I ain't 

coaching at Man United! You heard 

it here first, yeah? They're mad lies.

 Find out who that geezer is man.

 Can't lie like that.

'Getting the fans all hyped thinking 

I'm coming. I ain't man, I'm sorry to 

disappoint you Fam. I'm sorry to disappoint

 everyone who wanted me to come 

in to be a coach and put my boots 

back on, but it just ain't happening. 

It's not the right time'.

Ferdinand then stated getting the 

decision right was crucial for the Premier

 League club as they look to get back 

to the success they enjoyed under 

Sir Alex Ferguson when Ferdinand

 was playing at Old Trafford.

He added: 'Big decision, man. 

This is the one that changes everything

 at the club right now. This is the one 

that has to change everything at the

 club. This has to be the one for

 the group to get success, sustained

 success.

'It's a huge decision, man. This is 

a massive, massive appointment. 

We've been in a bad situation for 

far too long.'

Paris Saint-Germain manager Mauricio

 Pochettino, formerly at Spurs, Sevilla

 chief Julen Lopetegui and Spain's 

Luis Enrique are also in contention,

 but Chelsea boss Thomas Tuchel 

has ruled himself out of the running.