Roy Hodgson says his managerial days will be over when his role at Watford ends.
Former England manager Hodgson, 74, became Watford’s third manager of the season in January after Xisco Munoz and Claudio Ranieri.
Hodgson has been unable to halt relegation as Watford stare in the face of relegation to the Premier League with four games to go and he has confirmed it will be the final step in a 46-year managerial career.
He told Sky Sports: “It was quite simply a discussion between me, (Watford owner) Gino Pozzo (Managing Director and Chairman) and Scott Duxbury and they said to me: ‘We have this job that we think we’re going to do he has to be done.’
“I made it clear that between (then) and the end of the season it had to be short term – and I came out of retirement to do that particular job.
“Now sadly this job is ending and I have enjoyed my time with this job.
“But I don’t think I’ll be putting my name to the world of Premier League football for any further stakes, if you will, because it’s a very demanding world.
“And I think maybe now I’ve earned the right to step back and enjoy some free time and spend some quality time with my wife and son.”
Hodgson, who was named CBE on Wednesday, expressed similar sentiments as his four-year tenure at Crystal Palace came to an end 12 months ago.
But he hinted he could play a future role in football, adding: “I think you could speak to any of the managers who have decided to step down and announce their retirement, but they’re still doing something within the game .
“I’d like to think that I’ll always be passionate enough about the game and involved enough in the game that I could come up with some specific aspects of the work that I feel like doing.
“But like I said, it’s not something I come across and I certainly don’t think I’ll be in charge of a Premiership team. I think that’s my swan song.
“My friend (his assistant, Ray Lewington) and I took a short-term job hoping we could turn her fortunes around, and that didn’t happen.
“And now of course we’re relegated and that’s a very bad feeling, a very sad moment in the life of any coach or player.
“I’m disappointed we couldn’t help the club out of the situation they were in when we came and they have now paid the price of being relegated.”
Hodgson was at Buckingham Palace to receive his CBE from the Duke of Cambridge for services to football and said: “I think you have to say it is (significant).
“When you are recognized by your country for services to the sport you have loved and served, I think you must consider that the ultimate honor.”