If he does stay it will be a bit like Yaya's last year. There but not playing much. I'm ok with it if he wants to go, the important thing is we give him the option if he wants to stay, 3 titles on the bounce and one more crack at the CL must be tempting, even if he is likely to only feature in the odd game.
Whatever happens he should go out and do some first team coaching somewhere before coming back here. I don't think our EDS set up is really strong enough to cut your teeth as a manager. Plenty of North West teams if he wanted to stay local although it would be odd seeing him in the dugout of some small town club.