That is the opinion of The Sun who suggest that the legendary Welshman is set to say goodbye to the club once Jose Mourinho is appointed manager.
It is understood that the Portuguese, who will replace Louis van Gaal early this week, has offered Giggs a role on his own coaching staff which the 42-year-old is set to turn down.
United's most successful player has worked alongside David Moyes and van Gaal at Old Trafford and is now determined to move into a management job in his own right.
Giggs was hoping to step into van Gaal's role next summer, when the Dutchman's three-year deal expired, but the decision to replace the former Bayern Munich and Barcelona boss with Mourinho is likely to end a 29-year association between the former winger and the Red Devils.
It is believed that a number of key United players wanted Giggs to become the next long-term manager at the end of next season but executive vice-chairman Ed Woodward is set to appoint Mourinho in a bid to try and offset crosstown rivals Manchester City who have lured Pep Guardiola from Bayern Munich.