Chris Hughton is “very happy to wait” for the right job amid links to Sheffield Wednesday.
Hughton has been among the favourites for the Wednesday vacancy since Steve Bruce left his post last month.
But according to both the Mirror and Football Insider, the former Brighton and Hove Albion manager has already rejected the chance to succeed Bruce at Hillsborough.
And appearing on Talksport earlier on Monday, Hughton admitted that he has received interest.
“I’m always busy, watching lots of games. And it (unemployment) gives me an opportunity to do other things,” said the 60-year-old, who took advantage his free time to watch Brentford versus Birmingham City on Saturday.
“Do I miss the games? Yes. Do I miss the first day of pre-season? Yes. But I’m in a decent place at the moment. As I said, it gives me other opportunities.
“But as I said, I also appreciate that I am not the type of manager that can pick and choose. You have to make decisions.
“There has been some interest, but at this moment I’m very happy to wait and enjoy watching games.”
The Talksport host, Jim White, had previously hinted that Hughton may not be out of work for long.
He said: “We’ll look about because I think Chris Hughton will be back in football very soon – I’m pretty darn sure of it.”
Hughton would be a popular choice with many Sheffield Wednesday supporters, despite their side’s bright start to the new Championship season.
Led by Lee Bullen, the Owls recorded a 3-1 win at Reading on Saturday afternoon and topped the table for 24 hours until Leeds United moved above them alphabetically.