Former Manchester United midfielder Paul Scholes admitted he wanted the role as Oldham manager.
The 11-time Premier League winner was interviewed by the League One club last week, but missed out to Richie Wellens.
Wellens signed a two-year deal after a spell as caretaker boss, where he won four of his five games, and Scholes said he is disappointed to miss out but accepts the decision.
“I wanted the job,” he said. “It’s not a secret from my side. It is something that interested me. Talks went well but they probably interviewed a few people. It was a job that I wanted, it was something I was interested in.
“They couldn’t ignore what Rich’s (Wellens) done with the five games he has been in charge. They have won four and drew against Bradford on Tuesday. He has done a fantastic job and turned it right around.
“I think he has the fans excited again with a style football they haven’t seen for a while. Good luck to Richie, he has got the job and hopefully he can carry that on.”
Scholes is keen to move into management for the first time since retiring from playing for Manchester United in 2013.
He added: “It might happen one day (becoming manager of Oldham), I was hoping it would be this time. I have done my coaching badges. Why do coaching badges if you don’t want to go into football? It’s something in the future I want to do.
“I have had a couple of offers in the last year or so but this was the one that interested me the most. Whether something comes along in the future we will have to see.”
Since retirement, Scholes has helped coach Manchester United’s under-19’s alongside Nicky Butt and joined the backroom staff for the senior side on a temporary basis after the sacking of David Moyes.
He has also purchased non-league club Salford along with fellow Manchester United legends Butt, Gary Neville, Ryan Giggs and Phil Neville.
Scholes spoke to Sky Sports at the official naming of the new Peninsula Stadium, home of Salford City, and he is ambitious for their future.
He said: “The ambition is to get into the Football League. I think you see once that stand is finished the facilities are there and the stadium is there.
“The biggest ambition of all is to get an academy, get kids from 10-11 years of age and to create a pathway to the first team.”
Salford play in the National League North and are two promotions away from becoming a Football League club.