Capello, sacked by Madrid despite leading the Spanish giants to the Primera Liga crown earlier this year, would be interested in succeeding Steve McClaren - who was dismissed today after England's failure to qualify for Euro 2008.

While commentating during last night's qualifying game between Italy and the Faroe Islands for Italian TV channel Rai, Capello said: "Me to coach England? It would be a challenge, a beautiful test to overcome and I would have the right age."

The 61-year-old - who has also enjoyed successful spells at AC Milan, Juventus and Roma - was recently linked with a move to Tottenham.

But Spurs appointed Spanish coach Juande Ramos instead.