Former England boss Sven-Goran Eriksson has turned down an offer to manage a Champions League club, according to his agent Athole Still.
Eriksson has turned down a Champions League club
Eriksson is pondering his future after failing to guide England beyond the World Cup quarter-finals in Germany.
Still told BBC Five Live Sport: "We've turned down an offer from a Champions League club but not in this country."
He also revealed that the Swede rejected the opportunity to take over the Jamaica national team.
The Swede is back on the market after his five-and-a-half-year England reign ended in a heartbreaking penalty shoot-out defeat by Portugal in Germany.
But his representative confirmed that a number of parties have already shown interest in handing Eriksson a fresh chance to get his career back on track.
"It would be unfair of me to name the Champions League club but we have already turned down one offer," Still said. "I can't say which one it is as it would cause embarrassment.
"I have also had a pleasant conversation with an agency representing Jamaica and was told the government had made a substantial amount of money available."
Sven would only go to a club with a reasonable basis of players already there and money to strengthen the squad
Still says Eriksson would only return to club football if handed the financial muscle to match his ambitions.
He added: "He would work with any team where he feels there is real ambition.
"Sven would only go to a club with a reasonable basis of players already there and a reasonable amount of money to strengthen the squad to feel he could challenge for titles.
"It is impossible to challenge properly at European level unless you have a club with, not necessarily Roman Abramovich-type money available but reasonable money to strengthen your club."
Eriksson himself has revealed he would love to buy Manchester United's England striker Wayne Rooney - if he did return to club management.
"Of course I would like him if I went to a top club," said Eriksson.
"I don't know how much he would cost. Andriy Shevchenko cost Chelsea £31m but Rooney would cost more, so I would have to go to a club with a lot of money."
Eriksson would need big money to team up again with Rooney
He added: "If you are talking about strikers at the very highest level, Wayne doesn't have many equals. That is a fact. He has enormous qualities."
Meanwhile, former England manager Sir Bobby Robson believes England lacked the hunger to win the World Cup.
He told BBC Five Live Sport: "I think we needed a bit of hunger to want to win. That was, in some cases, lacking. I don't think some of our players played to their maximum potential.
"We didn't play it like we play in our league, for instance, with a good tempo and highly competitive and running forward and playing forward passes to front people.
"We have a lot to learn and let's hope the future is bright under new England boss Steve McClaren."