"This time we have been the wrong side but I still believe the talent is there."
McClaren intends to take a short break from the game before resuming his management career.
"I still have belief in myself and I believe I can emulate Sven," he said. "I have managed at the top level. I have coached. I have won trophies and I have managed England. That is the ultimate.
"Unfortunately, it didn't work out and I didn't have the success I wanted. But that doesn't mean to say I cannot recover, bounce back and learn and be a better person for it."
However, for all the disappointments and abuse McClaren has suffered during the tortuous last 15 months, he does not believe coaching England is the impossible task many believe it to be.
"There is pressure and maybe there is a lot of expectation," he said.
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