The Serb, who took Uganda to their first AFCON campaign after 39 years has said he will leave his job if the country’s FA to fulfil its contractual obligations and take legal action.
Micho says he is owed wages and concedes the FA is handicapped “without the support of government”.
Speaking to the BBC Sport, Micho said that if his wage liability can be sorted amicably, that would be good and well. But if not, he deeply regrets, but will have to go the legal way.
Under Micho the Cranes bowed out in the group stage in Gabon after suffering narrow defeats to African heavyweights Ghana and Egypt before securing a 1-1 draw with Mali in Oyem on Wednesday night to ensure they didn’t suffer a hat-trick of defeats at the tournament.
Uganda’s performances are a sign that they are improving, especially considering their last appearance at the finals came in 1978.
But their development could be derailed as Micho warned he could soon be pursuing his options.
Micho’s latest comments would have caught the attention of many of his suitors as he said he is open to a return to South Africa.
Sredojevic has been linked with a number of coaching posts, such as Ghana – the Back Stars’ coach Avram Grant is set to leave after the Nations Cup and the vacant Bafana Bafana job as well as a return to Pirates for some time now.