Ferguson was linked with the Three Lions job during his 39-year managerial career, but the Scot has described the position as "horrible" and insists that it can only be considered a good job if you achieve success.
The 71-year-old told The Telegraph: "I don't think that the manager's job with England is a good one. I think it's a horrible job.
"For instance, Greg Dyke comes out and says that they're going to win the World Cup in 2022. He may know something about football - and I'm sure he's trying to learn what's going on - but from grassroots levels right up to the national team, that is a massive job.
"Managers have tried different ways of managing the press. Some have tried to curry favour with some and not others. But because England haven't won the World Cup since 1966, they're all going up the same alley. Unless you win, it's a hard job."
Ferguson retired as Manchester United manager at the end of last season.