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Hoddle (left) managed England at the 1998 World Cup, while Southgate (right) is the Under-21 boss

Gareth Southgate being favourite to succeed Roy Hodgson as England manager is “scary”, says Harry Redknapp.

Hodgson resigned on Monday after England were knocked out of Euro 2016 in the last 16 by minnows Iceland.

But Redknapp said Southgate was only seen as a favourite for the job because he had won a “second-rate tournament” with England’s Under-21s in Toulon.

“Why should he get it in front of Steve Bruce and Sam Allardyce, who are proven managers?” asked the former QPR boss.

When it was suggested that Southgate knew the way the Football Association worked as well as the English “system”, Redknapp responded: “Knows what system? The losing system? He knows the losing formula?

“I like Gareth Southgate, he’s a great lad, but what’s he done?”

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Harry Redknapp talks about why he has no faith in the FA

Redknapp, speaking on BBC Radio 5 live, said former England boss Glenn Hoddle, 58, was a more suitable candidate.

“I think he had an idea of how he wanted to play,” said Redknapp. “He would have come up with a system that we all know how we’re going to play.”

However, he said he did not “have a lot of faith” in the Football Association making the right choice.

“Look at what they’ve done in the past,” he said. “We’ve had Sven-Goran Eriksson. It’s scary. They are going to make a right decision one day, but I probably won’t be alive to see it.”

Redknapp also suggested former Tottenham and Aston Villa manager Tim Sherwood as a possible option.

“He’s got passion, enthusiasm, I’ll come and work with him all day,” said the 69-year-old. “He’s young, enthusiastic, knows the game.”

But he played down suggestions he might finally get the England job after missing out to Hodgson in 2012.

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Highlights: England 1-2 Iceland

“It was a long time ago I was one of the favourites,” said the former QPR, Tottenham, Portsmouth and West Ham boss.

“I don’t fit. I would love to manage England, but I’m a realistic person and I realise I’ve got absolutely no chance.”

BBC pundit Alan Shearer also thinks Hoddle should be given a second chance at taking control of England, perhaps alongside Southgate.

Hoddle managed England at the 1998 World Cup but was sacked following comments he made about disabled people.

“Hoddle is a great coach who’s still got a lot to offer,” said Shearer.

Under Hoddle, England, with Shearer leading the attack, reached the last 16 at the 1998 World Cup before losing to Argentina on penalties.

Hoddle, who replaced Terry Venables after the 1996 European Championships, was then sacked in 1999 following an interview he gave to The Times.

In it, the former Tottenham, Monaco, Swindon and Chelsea midfielder suggested disabled people were being made to pay for the sins of past lives.

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Euro 2016: England 1-2 Iceland – Roy Hodgson resigns after defeat

Hoddle has not managed since leaving Wolverhampton Wanderers in 2006, while Southgate’s only other managerial job ended with the sack following Middlesbrough’s relegation from the Premier League in 2009.

Shearer said Southgate, 45, had done a “very good job” with the Under-21s but would benefit from being able to call upon Hoddle’s “experience”.

“It’s about having a leader in there,” said Shearer. “Southgate is certainly one of those guys. As is Hoddle. Glenn was brilliant for England.”

The Match of the Day pundit also expressed an interest in the vacancy himself, revealing he had wanted to take over in 2012.

“I would speak to the FA now, definitely,” he said. “I’d offer my experience, tournament experience. Even if Southgate gets it.”

Shearer’s former England striker partner, Teddy Sheringham, said Arsenal boss Arsene Wenger would be his choice.

“People will disagree with me backing him for the England job, but you need a bit of everything in a football team,” said Sheringham.