Jose Mourinho says he may not remain as Real Madrid coach next season and plans to be "where people love me to be".
The 50-year-old former Chelsea manager saw his side exit the Champions League at the semi-final stage after a 4-3 aggregate defeat by Borussia Dortmund.
The Portuguese has been linked with a move away from Spain and has spoken in the past of a return to England.
After Tuesday's match, he said: "I know in England I am loved. I know I am loved by some clubs, especially one."
But he insisted he would wait until the end of the current campaign before deciding his future.
When asked by ITV if he would be at Real Madrid next season, he responded: "Maybe not."
Questioned where he might go, he replied: "I don't know but I want to be where people love me to be."
He later added that he had not made a decision about his future because he was still under contract with Real Madrid and had "respect" for both the club and its president, Florentino Perez.
"At the end of the season, I want to sit down with the president and speak about it," Mourinho continued.
Mourinho left Chelsea in acrimonious circumstances in September 2007, after a falling-out with owner Roman Abramovich.
But he remains Chelsea's most successful manager with two Premier League titles and three domestic cup wins.
Current Chelsea boss Rafael Benitez, an unpopular figure among many of the club's supporters, has said he will leave Stamford Bridge at the end of the season.
That has led to increased speculation that Mourinho will return.
The former Porto boss has made no secret of the fact he enjoys managing in England.
"I am loved by the fans and the media who treat me in a fair way," he said. "I know in Spain it is different because many people hate me."
Real Madrid are currently 11 points behind arch rivals Barcelona in La Liga with five games remaining.
They face city rivals Atletico in the Spanish Cup final in May, Real's last realistic chance of winning silverware this season.