The former Tottenham boss will not make a rushed decision to return to management following his sacking in the summer after being the overwhelming favourite for the England post
The 65-year-old was replaced by former Chelsea boss Andre Villas-Boas following a season of highs and lows for both Redknapp and Spurs.
|7/1||Andre Villas-Boas is 7/1 with William Hill to be the first Premier League manager to leave his post
"It depends what comes up, it would have to be something I really fancy for me to do it," Redknapp told Sky Sports News.
"If I am going to do it, I will put myself into it 100 per cent and give everything I've got to it.
"We will wait and see what comes up."
Earlier this month Redknapp was appointed in an advisory capacity with League One side Bournemouth.