Valencia made the shock decision to hire Gary Neville as a short-term manager, but only did so after Ryan Giggs told owner Peter Lim that he wouldn't take the job, according to the Mirror.
Lim, who is also a joint-owner of Salford City FC along with the Class of '92, had made a personal call to the Manchester United assistant manager to offer him the same deal that Neville eventually agreed.
However, Giggs believed leaving Louis van Gaal's side would hamper his chances of succeeding him, so he rejected the offer and opened the door for his former team-mate in the process.
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There is, according to the same report, no promises from the boardroom that he will get the job once Van Gaal leaves. Another report over the weekend claimed United had started to step up their contact with Pep Guardiola in an effort to bring him to the club in the near future.
Despite that, there is a belief that United officials were impressed with the way Giggs settled the storm amongst the first-team after David Moyes was sacked. The Welshman took charge of the final four games in that season, but his work behind the scenes was far greater than that.
As a result, the man himself firmly believes he has a good chance of landing the top seat when it becomes vacant. How far into the future that will be remains unclear.
Indeed, some reports have us believe that Van Gaal will be given an extension on his current contract, which expires in 2017. But after losing to Bournemouth, following an embarrassing Champions League exit, the signs indicate it may be available sooner rather than later.
Giggs himself will be frustrated with the lack of creativity under Van Gaal, but has stayed respectful to a man who has vast experience at the top end of the game. It appears the 42-year-old is happy to bide his time and learn all he can from the Dutchman.
But things aren't exactly rosy in Orange Country either. Neville is still looking for his first win as Valencia manager as a 2-0 defeat to Lyon saw them exit the Champions League while a 1-1 draw with Eibar at the weekend led to further disappointment.