Manchester United boss Sir Alex Ferguson has revealed that veteran duo Paul Scholes and Ryan Giggs are set to be offered new contracts.

The pair have been an integral part of the United side in the last decade and have been mainstay’s in the Red Devils squad since they both broke through into the first team in the mid-1990s.

Now the duo are set to be rewarded for their service by being offered new contracts with their boyhood club, despite their advanced years.

Both winger Ryan Giggs and midfield maestro Paul Scholes will be offered a new, one-year rolling contract Sir Alex Ferguson revealed on Friday.

Scholes, now 35 years of age, said just last week that he wasn't "too sure" about the future (at Old Trafford) because "I don't always feel I am making as much of a contribution as I'd like to."

However, after seeing ‘Scholesy’ shine during United’s 4-0 rout of West Ham last weekend, as well as putting in a fine performance against VfL Wolfsburg in the UEFA Champions League midweek, coach Sir Alex Ferguson disagrees.

"I spoke to Paul and he said he didn't actually say he was thinking of his future,” Fergie was quoted as saying by Sky Sports.

"When you get to that age every player starts to think about what the future holds for him.

"But when you see Paul's performances at West Ham and in Wolfsburg last week there is no reason to think he can't do it again next year again.

"Maybe he thinks he should be playing every game. That's fine, but I know that's not fair.

"We want the quality. We want to see Scholes perform like he did on Tuesday and the best way of doing that is to gauge the games we know he is going to dominate,” he added.

Meanwhile the 36-year-old Giggs will also be offered a one year deal in recognition of a number of sparkling performances this season, most notably during September’s Manchester derby where the current PFA Player of The Year made a hat-trick of assists.

"Ryan will be offered a new contract for next season, which is an indication of what we think of him coming up to 37 next season, and Paul knows he will be offered one as well," Ferguson said.

"Ryan is an example to young people.

"He has humility and he has never changed and I think he is having his best years now.

"He has retained that amazing quality in his game and also an enthusiasm to play."