The 62-year-old boss has managed a host of top clubs throughout his career such as Bayern Munich, Barcelona and Ajax – winning trophies galore.
Most recently he helped steer the Dutch to the World Cup in Brazil, where they have been drawn in a tricky group alongside current holders Spain, South American side Chile and a wildcard in Australia.
The former Bayern Munich coach admitted receiving an approach, but decided to decline, citing the need to concentrate on the upcoming World Cup this summer. Sky Sports quoting the Dutch coach:
"Everybody knows it so I can admit it," he added. "I don't do things in a double function (holding two jobs at the same time) ".
"You have to give an example to your players that they have to focus on the national team and that is my ambition also".
"I have refused (the Tottenham job) but maybe there will come another chance. That is the difficulty with coaching. When you are free, then maybe there are no vacancies".
"When you are working, then there are vacancies. It is always difficult".
The Dutchman has yet to manage in the Premier League, something that Van Gaal evidently feels he is missing from his résumé.
Where he has won the Bundesliga, the Spanish Primera Division, the Eredivisie four times, the European Champions League, the old Uefa Cup and the European Super Cup, an elusive title in England would surely all but complete his medal collection and place him amongst the great managers of his generation.
Asked on his desire to work in Premier League, Van Gaal added:
"I want to work in the Premier League because that is the league I have not worked in yet," he told Sky Sports News.
"I want to coach here in the Premier League because I think Spain, Germany and England are the strongest competitions.
"That is an ambition and who knows."
"After the World Cup I shall retire or, if there is a Premier League club, I shall think about it."
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