Heaton has not played as much as he wanted this season, per the Manchester Evening News, but is still content at the club.
The source adds that the former academy product, who came back to the club in the summer, wants to go into coaching.
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At 38, Heaton believes that he can still contribute to the club, albeit as a coach.
Heaton may not want to drop down to the Championship to get regular playing time next term.
Andre Onana, Altay Bayindir, and Heaton have all been injury-free this season, which limited his game time.