Giggs has not worked in nearly two years, after stepping away from the Wales job.
He was in legal trouble at the time, as he had a court case related to charges of domestic assault.
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Giggs, who was found not guilty, stated at an event in Chester this week: I loved managing Wales, obviously. I do miss it so hopefully (I can manage again)."
However, there is a suggestion the Welsh FA may be less than keen to bring Giggs back.
They believe the team has moved forward, while his reputation did take a hit from the details that emerged during the trial.