John Collins has already rejected an approach from QPR

Collins has led his side to second spot in the Scottish Premier League, where they are the only unbeaten side left.

But Craig told BBC Sport: "I was given a disdainful look by John this morning when I went in and went 'Bolton'?

"He looked at me as if to say I should have known better and I should know better, because it's pure speculation as far as we are concerned."

Premiership outfit Bolton are searching for a new manager after Sammy Lee left this week after a poor start to the season.

MY SPORT: DEBATE Give your reaction to reports linking John Collins with Bolton

And Collins, who led his side to victory in the CIS Insurance Cup final in his first season in charge, has already turned down an approach from Championship outfit QPR during the present campaign.

The former Celtic, Everton and Monaco midfielder said at the time that he would not break his contract, which has another season to run.

"These things do tend to crop up if you are doing well and people see you doing well with the resources we have got," added Craig.

"But we have got to concentrate on what lies ahead and that's Motherwell."