Sullivan, speaking after Blues' relegation, claimed the "pile of rubbish" signed by former manager Steve Bruce last summer was the main reason behind City's demise.
Queudrue was singled out as an example of one of the new boys who failed to meet e
xpectations following his £2m switch from Middlesbrough last August.
But the Frenchman insists he was not selected frequently enough by Bruce's replacement Alex McLeish for a fair assessment to be made.
"It's horrendous. Obviously I cannot stay in a club where the chairman makes comments like that about the players," Queudrue, who made just 14 league starts this term, said.
"He (Sullivan) should have pointed the finger at the players who have played most of the season.
"I don't like to say that because I'm a team player. I won't say anything bad about a player through the radio."
He added: "If he wants me to respect him then he has to respect me first, before he makes a comment like that.
"If he wanted to make those comments then he could have come to the training ground this morning to say goodbye to the lads and say what he thought went wrong this season and what his thoughts were for next season."
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