Redknapp was offered the job by the president of the countryâ€™s football federation, Anatoliy Konkov, in London last week.
"It was a great job, a four-year contract, and it wasnâ€™t as if I had to live in Ukraine," explained Redknapp. "Capello is manager of Russia and he lives in Italy. I could have gone over at weekends, watched some games and then spent a few days at home. I spoke to Andriy Shevchenko about it. The Under 21s are good and I was excited.
"It wouldnâ€™t have been easy for me to face England in the World Cup qualifiers, but I couldnâ€™t say â€śOh it doesnâ€™t matter if we donâ€™t win todayâ€ť â€” they would have thrown me down the salt mines."