Drogba hung up the boots earlier this year after playing out his days with Phoenix Rising in the US.
"Yes, I could have come back," he said.
"I had even met (ex-OM president) Robert Louis-Dreyfus after my first year at Chelsea, he had mentioned a loan, but I said no, if I come back it's completely.
"But that did not happen. But it's true that I would have liked to."