Andy Legg says he is "flattered" to be linked with the vacant managerial position at Newport County.
Former Wales international Legg has managed Llanelli, currently third in the Welsh Premier, since April 2009.
Legg is thought to be one of the 40 candidates in the running to succeed Anthony Hudson as manager of the Blue Square Bet Premier League side.
"I'm flattered if there is any interest," said Legg. "But I've heard nothing and it is all speculation."
County parted company with Hudson after just 19 games in charge at Spytty Park, with the Welsh club one from bottom in the league after failing to win his last 10 games.
Chairman Chris Blight has revealed The Exiles have had 40 applications as they look to appoint their sixth manager in nine years.
County are hoping for a play-off push this season and their board of directors hope to appoint Hudson's successor before Saturday's home game with Southport.
Former Tottenham Hotspur defender Justin Edinburgh, who was manager at Rushden and Diamonds, former York and Port Vale boss Martin Foyle and current Ebbsfleet manager Liam Daish have all been linked to the post.
Former Republic of Ireland defender Daish was interviewed for the Newport job before Hudson was appointed in April.
But former Cardiff City and Swansea City left-back Legg, who admitted he was considering his Llanelli future in May, has emerged as a favourite for the County post.
"They are in a tough position and at the bottom," said Legg.
"They have some key players due back into the team so that is going to help but they need one or two results and when that confidence comes back they'll move away from that bottom."
Legg is on a match-by-match contract at Llanelli so Newport would not have to pay compensation if the 45-year-old is appointed.
Former Wales full-back Steve Jenkins, who played and coached at Newport, is part of Legg's coaching staff at Llanelli.
Legg guided Llanelli to their first Welsh Cup victory following a 4-1 win over holders Bangor in May.
And the player/manager inspired the Stebonheath Park club to a notable European win as The Reds beat Dinamo Tblisi, the 1981 Uefa Cup Winners' Cup winners, in the first leg of the second qualifying round of this season's Europa League.