The Italian entrepreneur, who was voted out of the BBC contest last weekend, stated that she would participate in Strictly again if Dixon was given the boot.
"I will be back on Strictly," she told the Daily Mail. "And it would be a nice surprise if that woman was not on the panel next year. She should not be. I don't even understand why she is there now.
"Strictly brought joy back into my life... However, I think there was a problem, which was that Alesha was jealous of me. And I feel sorry for her, I do.
"Now people hate her and that is not nice. Especially as for her, the show is an end and for me, it is a beginning... I was just too big for the show."
Discussing her desire to return, Dell'Olio suggested: "When Bruce [Forsyth] has had enough and wants to retire, I will present Strictly myself. I think that would be good, don't you? No, I am kidding, maybe."
Dell'Olio also confirmed that she is considering legal action against Dixon and fellow judge Bruno Tonioli over their "out of control" comments.
Strictly Come Dancing continues tonight (November 5) at 6.25pm on BBC One.
> Nancy Dell'Olio: 'Strictly without me is like Christmas without lights'
Watch Nancy Dell'Olio's final Strictly performance and Alesha Dixon's comments below: