The former Aston Villa boss said he has been refreshed by several months away from the game, and told Eurosport-Yahoo: "There's loads of clubs that would interest me."
McLeish, who managed Scotland successfully in 2007, was one of the leading candidates to replace Craig Levein who left his position on Monday. However, his focus remains on the day-to-day activity of club football.
He said: "The Premier League is the place to be, but don't get me wrong there are some tremendous clubs in the Championship that would be very interesting to go forward, with some ambition to get to the Premier League. But it's not every day that you'll get your perfect project."
Asked about his possible interest in the Scotland job, McLeish said: "I loved the Scotland job when I had it, we took France and Italy to the wire and with a bit of luck we might have done it. The job was a great adventure and I felt that at the time when the competition had finished that I wasn’t sure if I could wait eight months for a European Championship game or a World Cup experience.
"I really wanted to get back to the day-to-day challenge and there was an opportunity that came up to manage in the Barclays Premier League which was always an ambition. It has been a little bit of a rollercoaster and I have had to put out fires in the past few years but it has made me a better manager there is no doubt about that."Before I took the job (at Birmingham City) I said to the SFA that I really wanted to go back to club football and have received one of the greatest opportunities of all to manage in the Barclays Premier League. They couldn’t knock me back in terms of my ambition even though it is one of the greatest feelings of them all to manage your country."
McLeish also talks in depth about his time at Aston Villa, and how a combination of injuries and a "noisy minority" of fans caused him to leave the club at the end of last season.Alex McLeish was speaking to Yahoo!'s 'The Dugout' through its partnership with the League Managers Association