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Published 19:54 6 Dec 2016 GMT
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"That 2009 Champions League final was the lowest point of my 23 years as a professional footballer.
"We got it wrong that day, Barcelona got it right and as I contemplated my life at that moment, my overriding emotion was that I never wanted to feel like this again.
"If that meant ceasing to play football then - at that moment at least - so be it."
As it turned out, the Welshman carried on for a further five years, retiring in 2014 to take the position of Louis van Gaal's assistant manager when the Dutch manager arrived at Old Trafford.
But it was on that day - 27 May 2009 - that Giggs realised that he may not have had the ability to impact the big games that he once had.
"I felt I needed to have a serious look at myself," Giggs added. "All my career, by and large, I had been able to perform in those big decisive games that make history, and then this was one occasion that I had not.
"My emotions were quite overwhelming at the time, but over the course of the summer they subsided, and eventually I recognised them for what they were: the extreme reaction to a defeat in the biggest game of all."
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