Giggs has had an impressive career with United and could win his 11th league medal this season.
Fergie said: “When you consider how the English rugby team, when they won three or four matches to win the World Cup, were given knighthoods and MBEs, Giggs has performed like a star for 20 years.
“He’s won 10 league medals — I hope it’s 11 this year — and two European Cups and what has he got, an MBE? It doesn’t seem right. Longevity must surely surpass short-term success.”
