The 65-year-old was sacked by Tottenham in June following speculation linking him with the England job, and an advisory role with AFC Bournemouth has been the extent of his involvement with the game since.
But after rumours he was set to be unveiled as Steve Kean's successor at Ewood Park, Redknapp told Sky Sports: "I woke up and saw the papers and they said I was supposed to be at an interview for the Blackburn job. It's complete nonsense, obviously.
"It's a good club and it's a good job for somebody but it's not one I'll be pursuing.
"When we saw the speculation my representative Paul Stretford spoke with them to clear up where it was coming from but it's not something I would look to do.
"They're a good club with a good squad and good support but it's not for me.
"I'm starting to get bored. You can only play golf every so often and my golf isn't improving. I'm looking to get back in (into football) and I'll just wait and see what happens."
Redknapp has been mentioned as a possible contender if QPR decide to part company with Mark Hughes, whose expensively-assembled team are propping up the Premier League table after no wins in nine games.
The new PUMA evoSPEED 1.2 FG. A great new soccer cleat with classic look and first time for PUMA to be on the cleat.
Ajax has released their away soccer jersey for the 2013/14 season. Get in the Gear.
Chelsea won the Europa League on Wednesday. The Blues defeated Benfica 2-1 on injury time goal from Ivanovic.
Borussia Dortmund hears Wembley Calling and are headed to London for the Champions League final.
The Liverpool 2013/14 soccer jersey is available for pre-order. The Reds are eager to compete for silver next season.
One of the top soccer cleats for control the Nike CTR360 will not let you down on the field in tight spaces.
The adidas Nitrocharge is the most talked about new cleat in years. It was released on May 15 and will take your pitch by storm.
The Juventus jersey for the 2013/14 was released earlier this week. Be the first to wear the colors of the Old Lady.
The push for more color on their cleats, adidas has added the infrared colorway to the adiZero f50 Line.
Bayern Munich are kings of Germany and hope to be crowned kings of Europe at Wembley later this month!