Ryan Giggs needs to learn that being a good footballer and a legend at your club doesn't automatically make you a good manager. Look at Alan Shearer, one of the best players of his generation but he was terrible at Newcastle.
He needs to join someone like in League 1/2 and work his way up, but you can understand why he's reluctant to. A manager at that level will be lucky to earn 80k a year, which is what he was earning in a week in his last season with us. He's probably been earning a similar wage as ASM. I know it isn't all about money but at the end of the day, anyone who says they'd voluntarily take a 90% wage cut to move jobs is lying.
With the amount of managers who get sacked in the Championship i'm sure there's a job there for him somewhere.