Keegan wrote in the Daily Mail: "You can never say never. I have been offered four or five jobs since I left Newcastle in such terrible circumstances but none was right for me.
"The only way I would come back is if I could see myself as part of the vision, which is far more important than financial reasons.
"Newcastle was a pull to me. I'd played there and my father came from there.
"It's got to be something more than money. But I've listened to the job offers and thought that the dreams I was being sold could not match reality.."