Fandi Ahmad reiterated on Tuesday that he wants to be the LionsXII head coach next season.
But he told The New Paper that he had not met officials or council members from the Football Association of Singapore (FAS).
After two seasons guiding the LionsXII, V Sundramoorthy announced his resignation as team coach on Monday.
In their statement the same day, the FAS revealed it will put out a recruitment advertisement for the vacant LionsXII coaching position, after which shortlisted candidates will be interviewed by a panel.
"This is the proper process by which we recruit people into the organisation," said an FAS spokesman.
"We are an organisation that receives public funding and as such, there has to be transparency, accountability and due process in whatever we do."
The Straits Times reported on Tuesday that Fandi was due to meet FAS Council members "over the next few days to work out a deal".
But the Singapore football legend said on Tuesday he will make his move only when the advertisement comes out.
Right now, Fandi, who is linked to Malaysian Super League (MSL) sides Pahang and PKNS FC, would only say: "I'm looking at my options.
"There are offers from Malaysia but I feel it's time to stay in Singapore and I'm seriously considering applying for the LionsXII job. However, I have not been in touch with the FAS."