Manchester United midfielder
Scholes called time on his professional career at the end of last season and settled into a coaching role with United's reserve team - only to return in January after a plea from manager Sir
Giggs considered retirement last season during a frustrating spell out of the team but has remained part of Ferguson's squad throughout and is set for his 900th appearance for the club in Thursday's Europa League clash with Ajax.
And he told the
"He (Scholes) was missing it and it's no secret that me, (
"We wanted him to carry on but he'd made his decision quite early and it was probably too early, which I think he accepts now. Who knows? Maybe he'll carry on next year."
Giggs could be in contention for selection as one of
He would have to clear it with the
"I haven't thought about the Olympics too much but nearer the time, I am obviously going to have to," Giggs said. "First of all, I have to get picked - there are a lot of players vying for 20-odd spots - (and then there) is another obstacle: will it affect Wales in the future?
"If it does, then it will be an easy decision for me to make. If it comes to the time when the likes of myself,
Giggs attributes his longevity to the switch from his long-time left-wing role into the centre of midfield in recent years.
"Moving in to central midfield has definitely helped me," he said. "I had a taste of what it was like on the wing against Liverpool on Saturday and it's just completely different because you are up and down all the time."
Two months after fearing for his international future, defender Sasa Ognenovski believes his recall to the Socceroos fold is down to "big game experience".