Ryan Giggs will start studying for his Uefa 'A' Licence in June

Man Utd boss Ferguson has hailed 34-year-old Giggs' decision to study for his Uefa 'A' licence with the FA of Wales in Aberystwyth in June.

Giggs could follow Ole Gunnar Solskjaer from dressing room to boot room.

Ferguson said: "A future with us in relation to a position at the club is something we will be looking at because he has been a fantastic example."

Interview: Manchester United's Ryan Giggs

Giggs attended Manchester City's School of Excellence in his early teens but joined United after Ferguson made a personal visit to his house on his 14th birthday.

RYAN GIGGS FACTFILE Wales caps: 64 Wales goals: 12 Wales debut: Oct 1991 v Germany (Nuremberg) Last Wales cap: June 2007 v Czech Republic (Cardiff) Place of Birth: Cardiff Date of birth: 29/11/1973 Height: 5ft 11in Weight: 11st Clubs: Manchester United

The Cardiff-born star turned professional on his 17th birthday, scoring in his first league start in a Manchester derby, and has since been a first-team regular in his 17 years at Old Trafford.

One-club man Giggs is United's most-decorated player and the former Wales captain is set to break Sir Bobby Charlton's appearance record at United.

The winger marked his 100th Champions League appearance in midweek by helping the club to a 1-1 draw in Lyon.

Ferguson said: "Ryan is 34 now and with all players who have had long careers, they start thinking about what they are going to do when they finish.

"Players like Ryan, Gary Neville, Paul Scholes will follow the pattern of Ole Gunnar Solskjaer, I am sure of that.

"If they take their coaching badges, it is a further addition to their CV in what they can offer the game.

"There is no doubt when it comes to personality, experience and lifestyle, they are absolutely perfect for a club."

Giggs would still have to go on and gain one of Uefa's Pro Licences after taking the 'A' Licence if he wanted to manage at the top level.

Old Trafford has been a good breeding ground for managers, with the likes of Gordon Strachan, Steve Bruce, Paul Ince and Giggs' compatriot Mark Hughes all graduating from playing.

"Ryan has indicated he wants to come and do his Uefa 'A' Licence with us in Aberystwyth in June," said FAW technical director and course leader Osian Roberts.

"It's great news for us in Wales and I think it's also great news for football that someone of Ryan's calibre and status will stay in the game.

"With all his experience and expertise he's going to be a great and valued member to football in the future."

The Welsh course graduates include Derby County boss Paul Jewell, Blackpool manager Simon Grayson, Oldham chief John Sheridan and former Wales stars Gary Speed, Ian Rush and Dean Saunders.