The 56-year-old, who spent 12 years playing for Spurs, was touted as a possible replacement to the Portuguese coach, but Tim Sherwood was handed the role instead.
"I nearly went there this time round until the end of the season," Hoddle told BBC London. "I said I was prepared to do that. I wouldn't have been prepared to do it for any other club apart from Tottenham because it's in my DNA.
"So if that was the case, and it nearly became the case, I would have been happy to go back, but they made their decision and they've moved on."
Hoddle managed the North London outfit from 2001 to 2003.