The 65-year-old, who missed out on the England job before being dismissed as Tottenham manager, is open to the possibility of coaching a rival national team
Harry Redknapp has reaffirmed his desire to return to full-time management, but insists that he would only be interested in a job at the highest level.
The former Tottenham boss has been without a club since leaving White Hart Lane in the summer, but has been linked with a number of jobs in over the last few months, most notably Leicester City and QPR.
However, Redknapp is content with making the most of his time off and waiting for the right opportunity to present itself.
"I am enjoying it and if something good comes along that interested me, I'd be interested in getting back in again," he told reporters.
"It would have to be something I'd really want to do. I wouldn't just dive in and take any job for the sake of it.
"I worked with good players the last eight or nine years or so and enjoyed it so that is where I would want to be.
"I've had offers from abroad - quite a few good offers from decent clubs abroad - but they've not really interested me so I've not sort of done anything with any of them.
"Other than that, I've kept a low profile. Saturday afternoons, if am around, I go and watch Bournemouth play.
"I get there, watch the game and normally leave five or 10 minutes before the end and watch the 5.15pm kick-off on TV. That's it really.
"I haven't been to a Premier League game. I wouldn't want to start turning up and people saying 'what's he doing here?' I've kept out the way, really."
The former West Ham boss was widely expected to take over as England manager before the appointment of Roy Hodgson, and the 65-year-old has not ruled out the possibility of going into international management with a rival nation.
"I would consider it, if it was the right job, yeah," he suggested.
"If it was something where you had the chance to be successful and do well with that team, wherever it would be, I would be interested, but who knows?
"You can never say never. You never know in this game."