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Claudio Ranieri is not likely to rush back into management but would consider returning to England at some stage in the future, according to a source close to the Italian. The former Chelsea manager was sacked on Friday by Valencia after a disappointing run of results culminated in the UEFA Cup holders being dumped out of the competition on penalties by Steaua Bucharest.
Claudio Ranieri has admitted he accepts being sacked by Valencia.
The former Chelsea boss was dismissed by the reigning Spanish champions on Friday after an indifferent run of form.
Ranieri accepts full responsibility for is failure to get the best out of Valencia and can understand why he was axed.