Award:
The player, deployed in a variety of roles by his club manager Alex Ferguson this season, beat off competition from Nemanja Vidic, Rio Ferdinand, Edwin van der Sar and Cristiano Ronaldo, as well as Liverpool's Steven Gerrard, to claim the award.
it is likely that he will make his 800th appearance for the team when they face Arsenal in the first leg of their Champions League semi-final this week.
Many have expressed a certain amount of cynicism about his nomination, feeling it was an exercise in sentimental nostalgia, as he has made only 12 Premier League starts and scored just one league goal. Few would begrudge one of the game's most enduring characters his success, though.
United have six players in the team of the year, but Wayne Rooney is perhaps one surprising omission from the line-up.
Premier League team of the year: Edwin van der Sar; Glen Johnson, Rio Ferdinand, Nemanja Vidic, Patrice Evra; Ashley Young, Steven Gerrard, Ryan Giggs, Cristiano Ronaldo; Nicolas Anelka, Fernando Torres.
Knighthood:
Salford-based government minister Hazel Blears has joined forces with Opposition Conservative spokesman Chris Grayling to back the recently launched petition to knight "the outstanding British footballer of the last generation", Ryan Giggs.
The internet petition, launched from mustbered.com, has listed 11 reasons that would justify the knighting of 35-year-old Giggs.
Chris Grayling, Conservative spokesman and self-confessed Red Devil, has used his own political reputation to add weight to the claims that Giggs should be rewarded for his outstanding achievements.