''I did an interview last week about my managerial aspirations and received some criticism because apparently I wasn't willing to manage at a lower level.
I didn't say anything at all about not managing at a lower level; I said because of my experience, I'd be more suited coaching at the level which I previously played and coached.
My critic quoted Steven Gerrard saying, in his experience, footballers want to just do their UEFA C Licence and go straight into the job. I did my UEFA B Licence when I was 29, my A Licence when I was 35, my Pro Licence while I was still playing and I coached at Manchester United for three years - including managing four games - so I don't see the relevance.
The argument that players who have been a success can't go into success is a non-argument. People use Jose Mourinho and Arsene Wenger but there are also countless examples of unsuccessful players being unsuccessful managers. It is all down to the individual.
I played until i was 40 so i was doing my Pro License on a Saturday and Sunday, training on a Monday and Tuesday, doing more coaching and then driving back for Champions League games on Wednesday. To say I haven't put in the work is ridiculous.
I felt I could gain more from moving on and I'm now waiting for that right opportunity. I've shown interest in the Wales job and I'm involved in Salford and the Vietnamese football academy.
Every day it gets a bit more difficult with the climate of coaching appointments. I've grown up with the ethos of building something and that seems to have gone out of the window.
I think you see with contracts being offered, nobody is getting the long-term deals which Sir Alex Ferguson and Arsene Wenger had.
You look at Sean Dyche, who has been able to establish himself and is now really building something great at Burnley, but then there's the likes of Mark Hughes and Eddie Howe who lose a couple of games and suddenly people say they're under pressure.
I don't know if what Sir Alex Ferguson did at Manchester United is possible anymore with the climate of everything, the media and the money, right now.
Sir Alex used to come down and watch us at 14 at The Cliff and see which players would be in the first team in three or four years, but I don't think you can do that anymore.''
http://www.skysports.com/football/news/11667/11189259/ryan-giggs-defends-managerial-aspirations