The 46-year-old, speaking during a visit to his native Wales, led Europe to glory at the K Club last month before making way for Nick Faldo to take over.

"I did say that I would do it once and that would be it, but I can see circumstances where it may just be possible for me to allow my name to go forward again for consideration," said Woosnam.

Woosnam insisted he would attempt to get into the 2008 team to play in Kentucky as a playing member of the side, adding: "That may be a remote possibility, but I have not given up hope and intend to give it my best shot."

The Welshman flew into Cardiff International Airport with the Ryder Cup on his way to Celtic Manor - the next European venue for the clash against America - where he was hosting a corporate golf day for potential business investors.

Woosnam said that Wales was set to host the 2010 event and it was time to pull out all the stops to maximise the benefits of the fixture.

He said: "Ireland did a great job. They invested heavily in the Ryder Cup in order to maximise the tourism and business benefits and they have set the bar high. The whole of Wales is up to the challenge."

Woosnam was disappointed at the criticism levelled at him by Thomas Bjorn, who was not given a wild card.

"I felt I did nothing wrong and in fact was absolutely right in the way I handled the situation," Woosnam said.

"I have played in many Ryder Cups and been left out but no captain has come up to talk to me before the event."

He added: "There are 10 automatic spots and you should play in enough events and get enough points to make the automatic line-up and not rely on wild cards."

Woosnam believes there may well be a Welshman in the 2010 Ryder Cup.

"Bradley Dredge is playing very well and improving every year. There are, of course, others and the aspirations for Wales are high," said the victorious skipper.