Young Lions boss Stuart Pearce is facing the axe after his kids’ Euro 2013 shocker.
Hoddle said: “I wouldn’t do it unless they change the rules, it’s as simple as that.
“Why would anybody be interested in the job when the FA take your biggest weapon — your best players — away? It would be a difficult one.”
But he also said: “I’ve never shut the door on management. I’ve had my own academy, developing players between 18 and 21.”