Bolton boss Sam Allardyce has dismissed renewed speculation tipping him as a future replacement for Newcastle manager Graeme Souness. "I do not like being linked to a club where another manager is in the job," Allardyce told the Bolton Evening News.
Newspapers have suggested that Souness' reign is about to come to an end, although he has said he will not quit.
"Let me make something perfectly clear, there is no chance of me resigning," Souness told The Times.
Souness, who took over from Sir Bobby Robson in September 2004, has been criticised by fans and the media for the Magpies' poor Premiership form.
However, the Scot has been unable to field his full-strength side this season because of injuries to several key players, including Michael Owen, Scott Parker and Kieron Dyer.
"I don't think I've done anything wrong. I know that I've brought some very good players to this football club and I know that we've been desperately unlucky in terms of injuries but I'm sticking at it," added Souness.
"We've had two operations in the space of a week - first Michael and then Scott - and if you look at the players we have got available at the moment, that tells you exactly where we are."
Allardyce was ahead of Souness in the pecking order when the Newcastle hot-seat became vacant in 2004 but he rejected the north-east club's offer.
And this time around he is refusing to be drawn into the rumour frenzy surrounding St James' Park: "It is unfair on me, it is unfair on this club and unfair on Graeme Souness. It just adds to the pressures," he said.
"You cannot stop speculation when there is a vacancy, but speculation before anything has happened is completely out of order."