Thus, there is no better man than the Welshman to take the reins at Old Trafford following Tuesday's sacking of David Moyes after his largely underwhelming 10-month tenure as Sir Alex Ferguson's successor.
And indeed, the 40-year-old Giggs has been given the responsibility of guiding the Red Devils to the end of the season, per Eurosport:
BREAKING: Ryan Giggs confirmed as Manchester United interim manager for the rest of the season— Eurosport.com EN (@EurosportCom_EN) April 22, 2014
However, as reported on BBC Sport, Giggs is not in the running to take charge of the club in the long term.
This is the right decision. No doubt, Giggs will make a great manager in the future, perhaps in charge at Old Trafford, but he is not the man to take on the huge rebuilding task required at United.
Managerial experience is what is needed, as well as a detachment from the Ferguson era, in order for a full rebuild to be effective.
But certainly, Giggs is the right man to see the season out.
He does not need to plan for the long term or begin a great tactical overhaul, but his experience as a winner should galvanise United into a strong finish.
Giggs' first three games in charge will all be at home against Norwich, Sunderland and Hull.
This is a perfect situation for Giggs as he has the unswerving devotion of the United faithful, and this should engender a positive atmosphere towards the team, not something which has been prevalent of late.
If this positivity can see United to four wins from their last four games—they also play Southampton away on final day—the potential for revival could put an unexpected gloss on a torrid season.
Giggs will command the respect of the dressing room, and it is well deserved. No player has more experience, as this stat via the Premier League illustrates:
He has won the Premier League on 13 occasions, has four FA Cup victories and two Champions League medals, per ESPN FC—all won at Manchester United.
Former team-mate Robbie Savage said of Giggs on BBC Sport:
I think for the short term, Ryan Giggs is a fantastic replacement.
I think [he] will be on to a winner right away, and he will get more respect from the group of players because he's been there, he's done it.
United runs in his blood, he's won trophies. I've been in a dressing room with Ryan, and when he speaks, you listen, because you know that guy has done everything in football.
It is not unusual for a team to experience a boost following a managerial sacking, and with Giggs in charge, this boost is likely at United.
While he will not be in charge to decide transfer strategy in the summer window, his installation in the short term could prove essential.
United's poor form this season, which sees them in seventh in the league and unable to make the Champions League next term, has led many to speculate that they will not be able to attract the biggest stars as they begin their rebuild.
However, if Giggs' influence can guide the Manchester outfit to a strong end to the season, United's prospects will look much better, and thus they will become more attractive to potential targets.
Despite their ignominious return this season, United are still one of the biggest clubs in the world of football.
Giggs epitomises this idea, and there can be no better man to reaffirm it than the club's most loyal servant.