Ryan Giggs ends 29-year relationship with Manchester Utd after refusing to coach under Jose Mourinho

The Welshman has rejected the offer of a reduced coaching role under new manager Jose Mourinho, believing United have gone back on an agreement to give him the top job after he served under David Moyes and Louis van Gaal.

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Giggs’s representatives are now in negotiations with United over a pay-off for the final year of his contract.

The 42-year-old will start a brief role as an ITV pundit at Euro 2016 on Thursday night but wants to move into club management.

Giggs made a club-record 963 appearances for United after joining the club on his 14th birthday in 1987, and went on to win the Champions League twice, 13 Premier League titles and the FA Cup four times.

It is believed that Giggs has yet to speak directly with Mourinho, who starts work at Carrington with his backroom team on Monday, and a last-ditch attempt to keep the United legend at his only professional club cannot be ruled out.

But Giggs appears to have made up his mind to go after growing disillusioned by how the club has been run in recent years. He accepts that it will be seen as a gamble, but even prominent figures at United are said to have advised him to leave Old Trafford and further his ambitions elsewhere.

The former Wales midfielder feels the club have gone back on an agreement to give him the manager’s job after he served on the coaching staff under David Moyes and Louis van Gaal.

When United agreed to let Mourinho bring in his own team, including trusted No 2 Rui Faria, Giggs was offered a lesser role aimed at bridging the gap between the senior squad and academy following talks with executive vice-chairman Ed Woodward.

He was also given the opportunity to suggest other positions he could fill within the club but told that a first-team role was no longer one of the options.

The surprising lack of contact with Mourinho also suggests there is little appetite on the new manager’s behalf to keep a fans’ favourite who made a club record 963 appearances for United.