Manchester United legend Ryan Giggs has signed a new one year contract at Old Trafford, the club have confirmed.

Sir Alex Ferguson told Manchester United's official website: "Ryan is a marvellous player.

"In many ways, he epitomises all my teams here at United: he has constantly re-invented himself, adapted to the changing nature of the game and retained that desire and hunger for success.

"In every training session and match, he is the example for others to follow.

"The young players in the dressing room have a great chance to learn from a player who will continue to break records that anyone in the game will find hard to beat."

Giggs admitted he never expected to play for Manchester United for such a long time but suggested he will continue to do so while he remains an important and contributing player in Ferguson's squad.

"When I signed my first contract, I never thought I'd be able to play at United for 22 years, but I feel good and I know I can still contribute to keeping the team pushing for honours." Giggs told

"Winning the club's 19th title was a great feeling but this club is all about what we do next and I'm really pleased I can be part of that."

Giggs has made 22 appearances for Manchester United this season.