Milan’s poor start to the season has meant Massimo Allegri’s position as coach has come under threat.
“I don’t know… I said I wouldn’t coach this year,” Guardiola told a charity event in Mexico City.
“I don’t know when I will return to football. I said I would come back when I felt like it and right now I don’t feel like it.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.