The interim manager is confident that the Red Devils can recover from their struggles in 2013-14 to emulate Liverpool's success in jumping quickly up the table next term
United have had a woeful campaign by their lofty standards, surrendering their league crown with a whimper, currently sitting behind table-topping Liverpool by 20 points.
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"We've got everything in place to have a successful season next year. We've certainly got the players," the veteran midfielder told reporters.
"It's going to be hard, obviously, because we've had a tough season and obviously the lads at Liverpool have improved and other teams around us have improved.
"It won't be easy but I'm confident."
When asked if United were on the decline, Giggs responded: "We won the league last year. The year before we lost it on goal difference, the year before that we won it.
"Where did Liverpool come last year, seventh? Who would have said they would be where they are this year, so a lot can change."