Klinsmann, 42, said he had "withdrawn my name from consideration as coach," according to the US broadcaster ESPN.

Calling off several months of negotiations, Klinsmann gave no reasons for his retreat and wished the next US coach "much success," ESPN quoted him as saying.

Klinsmann retired as German head coach after leading his nation to a third-place finish at this summer’s World Cup in Germany. He lives with his wife, Debbie and two sons in southern California, not far from where the U.S. National Team often practices. Prior to taking the reins of the German National team, he had helped run a sports marketing company called SoccerSolutions and taken part in training activities for the U.S. national team.