The United legend was set to start talks about renewing his existing one-year rolling contract within the next month but it is now understood that officials at the club will not open dialogue until May at the earliest.
The Welsh midfielder turns 39 at the end of the month and he recently admitted that the current campaign could be his last. He has made over 900 appearances for the Red Devils since making his debut in 1991 and scored twice in the Capital One Cup defeat to Chelsea on Wednesday.
Commenting on the midfielder’s fine display after the cup loss Sir Alex was keen to highlight his durability. “I think in Ryan Giggs, we saw a player of unbelievable proportions, in terms of playing the 120 minutes at 39 years of age next month and it’s a credit to himself.”
However Giggs missed out on selection in yesterday’s 2-1 victory over Arsenal and he looks set to play a bit-part role this season.
The veteran, who has featured in every Premier League season for the Old Trafford outfit, recently admitted that he realises that he is no longer a key player in Sir Alex Ferguson’s side and may now view it as the opportune time to retire while still on top.