Paul Scholes
Manchester United's Scholes waves to the crowd with his family after his testimonial match against New York Cosmos at Old Trafford. REUTERS

Manchester United have confirmed Paul Scholes has rejoined the club with immediate effect until the end of the season.

The Manchester United legend, who retired at the end of last season, has been named by Sir Alex Ferguson as one of the substitutes for Sunday's FA Cup third round tie against Manchester City.

Manchester United boss Sir Alex Ferguson told the club's official website: "It's fantastic that Paul has made this decision. It's always sad to see great players end their careers, but especially so when they do it early.

"But he has kept himself in great shape and I always felt that he had another season in him. It's terrific to have him back."

The Manchester United icon, who has won ten Premier League titles during his glittering Old Trafford career, is 37 but was no less enthused by his return to a club he has served with distinction since making his debut on 21 September 1994.

Scholes told Manchester United's official website: "I've been pretty clear since I stopped playing that I miss it. I'm delighted the manager feels I can still make a contribution to the team and I'm looking forward to playing my part in trying to bring more success to this great club."

Manchester United face Manchester City at the Etihad Stadium on Sunday.