The 62-year-old quit as Crystal Palace manager earlier this summer after just 5 months in the job and stated that he has "no ambition to take another job" in football. However, it appears that he may have changed his mind slightly.
In an interview with 'TalkSPORT' Allardyce ruled out the possibility of taking another club job, saying: "For another club to say 'come and save us', I don't think that is for me now. I have been there and done it."
However, he was more open to the idea of a job in international management, "If I have to consider anything, it would have to be an international position, and that would have to be obviously right for me and where I felt I would have a chance and perhaps maybe I could perhaps persuade [my wife] Lynn to allow me to do that."
"It is less demanding than the Premier League. The tension and the pressure is huge. When you are on international duty, it is all focused on you, but of course after that months go by before you meet up again, so that would maybe suit me, if I am enticed back into the game," he explained.
The former West Ham and Bolton boss admitted that there had been interest in him but said that he would not be taking a job any time soon: "There has been one or two offers, but not internationally and of course it is far too early for me to consider a position at the moment. Time has to elapse and see how I feel,"
"I am going to spend some time travelling the world - me and Lynn have booked a fabulous holiday in Hawaii, so I am going to go there and chill out a bit," added the 62-year-old.
'Big Sam' made it clear that he missed management, but seemed philosophical about the matter "At the end of the day, nothing lasts forever. You have to move on in life," he said.
"I am going to miss being a manager and working with players, because it is a fantastic journey you have, as difficult as it might be, the camaraderie and relationships you build with your staff and owners is very important."
The scars of his dismissal as England boss after just 67 days in the job were clearly still there for all to see, when questioned about the matter he replied: "I understand it was my fault I went to these meetings, but I think that the decision done the day after was obviously something which shocked me. I was in shock for two or three weeks just trying to get my head around what happened. I was in a daze, I was staring into the abyss."
"You have to get over it and as disappointing and as devastating as it was for me - I am bitterly disappointed that I am not the manager of England - but I have recovered from that."
So there it is, hope for football fans everywhere that we haven't seen the last of Sam Allardyce after all.