Manchester United are preparing to present a formal contract proposal to interim manager Michael Carrick.

Since taking over during the second half of the season, Carrick has helped stabilise the situation at Old Trafford and could now be rewarded with an extension to his current role.

Reports suggest that the club are ready to offer the former midfielder a two-year contract as their permanent first-team manager, with an option for a third year.

If Carrick agrees to the deal, he would remain in charge of the Champions League side until at least 2028, unless he is dismissed before then.

Manchester United have faced difficulties in the managerial department ever since Sir Alex Ferguson retired in 2013. Over the past 13 years, the club has struggled to replicate the Scotsman’s sustained success, having gone through several managers in search of stability.

Carrick, however, has proven popular both among the players and the supporters. Since taking interim charge, beginning with a victory over rivals Manchester City, he has produced consistent and winning football.

According to The Athletic, the proposed offer will be for two years initially, with the club retaining the right to extend the contract by another year if they decide to continue with him as manager.

Carrick has guided United to 10 wins in his 15 matches in charge, ensuring qualification for next season’s Champions League, and now looks set to be given the opportunity to lead the team in Europe.

However, as reported by the 'i' Paper, minority shareholder and board figure Sir Jim Ratcliffe is said to have some 'reservations' about making Carrick’s appointment permanent.

Chief executive Omar Berrada and director of football Jason Wilcox, on the other hand, are reportedly 'convinced' about Carrick’s capabilities, with the offer of a long-term deal expected to be finalised soon.

Ratcliffe’s concerns apparently centre around Carrick’s personality, as he is believed to question whether the former Middlesbrough boss has the commanding character required to manage a club of Manchester United’s stature.

It is understood that Ratcliffe 'wants a manager whose personality is big enough to match the size of the club.'

Despite those doubts, it appears increasingly likely that Carrick will remain in charge next season—and possibly beyond—based on the terms of the proposed contract.

United’s decision to settle their managerial situation before the summer transfer window opens could prove to be a smart move, especially given the uncertainty surrounding managerial positions at rival clubs.