Jupp Heynckes has no plans to return to football after completing a one-year break from the game.
Heynckes, 68, won the Treble with Bayern Munich last season but will be replaced by Pep Guardiola when his contract expires at the end of June.
The former Bayer Leverkusen, Schalke and Benfica manager had been linked with a return to Real Madrid before ruling himself out by announcing plans to take a "holiday" and step away from the intensity of domestic football.
In an interview with German magazine Spiegel, he has now claimed that he is not likely to return to coaching at all.
He said: "I don't really like finality, but I can assure you that I do not intend to coach again. I had a worthy send-off."
Heynckes added that he bears Bayern no ill will for their decision to replace him with former Barcelona coach Guardiola, and says the club made the right decision in making a change.
He said: "It was the right decision for a change in generation. Bayern had to go for him. If Bayern had not found an adequate replacement [for me], then we would have been able to talk about it, but I prefer it the way things are."
Bayern went from being runners-up in the Bundesliga, Champions League and DFB-Pokal in 2011-12 to winning all three competitions the following season.
Heynckes believes that a large part of the process of turning the team from losers to winners was the signing of Athletic Bilbao midfielder Javi Martinez.
He said: "He didn't play so well to start with, but after a while [Manuel] Neuer, [Philipp] Lahm and [Bastian] Schweinsteiger all came to me and said he's a hit.
"When something like that happens, then the coach feels a stronger part of the group."