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Ryan Giggs has played down reports that he is set for a return to the dugout after being linked to a number of management roles.
The former Manchester United assistant emerged as the heavy favourite with some bookmakers to take over at Sunderland following the departure of David Moyes, and has also been linked with the Middlesbrough job in recent weeks.
However Giggs has insisted he has had no contact with either club, telling Sky Sports News: "I'm not too aware of it. Unless anyone has approached me, then it's not true.
"As a player and a person who has been in football for so long, that's all they are, rumours. If I did speak to someone, I would keep it between myself and the club."
Giggs, who served as caretaker manager at Old Trafford following Moyes' spell in Manchester before taking up a number two role under Louis van Gaal, has made no secret of his desire to take on a permanent role in the past but admits he is enjoying life out of the spotlight.
"I have 25 years or so as a player then towards the end as a coach and I've had a year off," he said.
"For the first time in 25 years, where I've had a year off, got the chance to do different things and I've enjoyed it.
"But I've always said I want to eventually become a manager or coach but I am in no rush. It is all about picking the right team and the right club."
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Ryan Giggs has told ITV Sport that talks to take over as Swansea City's new manager fizzled out because he was less than impressed by the club hierarchy's vision for the future.
Swansea City held talks with several candidates before sacking Francesco Guidolin on Monday, ultimately appointing Bob Bradley.
There I was enjoying my year out, having done a bit of travelling and a bit of broadcasting, and I got the call from Swansea. So I met with them a couple of times.
But in the end, there were just mixed messages, really, from the football side and the ownership side of the club, and I just felt that their ambitions didn't really match mine. So it didn't quite work out.
Ryan Giggs would relish the chance to return to coaching in future but has poured cold water on reports that he will succeed Francesco Guidolin as Swansea manager.
Speculation is mounting that Guidolin may be about to be replaced by the Swans hierarchy, with Giggs having been installed as the bookmakers' favourite to take charge of a side that have lost three of their opening five Premier League games this season.
However, Giggs, who left his role as Manchester United assistant manager over the summer, ending a 29-year association with the club, says there has been no contact from Swansea.
While he believes he will return to coaching one day, Giggs, who was number two to Louis van Gaal for two seasons at United, is satisfied away from the game at present.
The Welshman told talkSPORT:
There has been no approach from Swansea City but, in any case, there is a manager in place at the club.
I'm happy with life outside of the game right now and enjoying media work. At some stage, further down the line, it's no secret I'd like to get back into football as a coach - but that's for later, not now.
Ryan Giggs has ended a near three-decade spell with Manchester United as he eyes a managerial role after missing out to Jose Mourinho.Read the full story ›
Ryan Giggs has left his role at Manchester United, ending his 29-year association with the club, it has been confirmed.Read the full story ›