Steve Clarke insists his decision to remain at Reading instead of taking the Fulham job was down to "ambition and professionalism" and not money.
The Reading boss asked to speak to Fulham about their managerial vacancy and on Thursday was thought to be on the verge of replacing Kit Symons, who left Craven Cottage during this month's international break.
However, Clarke opted against the move and the 52-year-old believes his interests are better served at the Madejski Stadium.
"When I sat down and weighed it up, Reading was by far the best option. All I wanted was the chance to speak to another club and weigh up what is best for me. In my mind I was always closer to Reading than Fulham.
Clarke will be back in the dugout at the Madejski Stadium for the visit of Bolton this afternoon and he knows he now has some hurdles to overcome with the club's supporters, and the board.
"I understand the angst and anger among supporters but when someone is prepared to pay money to speak to me, it's something as a professional I have to look at.
Clarke took over at Reading 11 months ago and last season secured their Championship status while also leading the club to a first FA Cup semi-final for 88 years.
The Royals are currently eighth in the table, four places and as many points above Fulham, and only four points off the play-off positions.