Giggs believes his friend will be an ideal tutor.
"Five years ago, if you had said coaching to Scholesy, he would have said 'no chance'," he told MUTV. "But gradually, as he did his badges and got to the end of his career, you could see him change.
"He is a clever lad and will instantly demand respect from young players coming through.
"Just imagine have Paul telling you what to do? If you don't understand, he will demonstrate. He can do everything with a ball."