Stuart Pearce led a British team at London 2012 over the summer, the first time since 1972 that a team has been sanctioned, however the formation of the squad was littered with strife.
Both the Scottish Football Association and Irish Football Association refused to release their players due to fears that their status as independent football nations might be threatened.
Ryan Giggs recently joined those calling for a team to be entered in future Olympic Games, after captaining Team GB over the summer.
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"I don't think we will do it again for the men's team," Horne told BBC Radio 5 live. "For the women, we will keep talking to people about it. We are not ruling it out completely, we went through a lot of politics to get here."
Team GB crashed out of London 2012 at the quarter-final stage, being beaten on penalties by South Korea.