"There's been some interest but nothing, if anything, would happen until the end of the year," he said, "so I'm not thinking about it."
"It's nice to feel wanted," Donovan said.
Galaxy pal David Beckham says Donovan should make the move if the right offer arrives.
Becks told the LA Times: "I think that if he gets offered a chance to play in Europe again, I think he should take it.
"But it's down to Landon. If he's happy playing his football here and he's enjoying it, then maybe he shouldn't move."
Beckham thought Donovan would be gone for good when he headed for Bayern Munich.
"That last game at the Home Depot Center [last year], when he scored, he was waving to the fans," Beckham said. "That was a sign, I thought, that he probably wouldn't return, to be honest.
"But he came back after his stint at Bayern Munich and he's playing great football here now and scoring goals. I think that if he got the chance, I'm sure he would go again."
Beckham said Donovan has the ability to make it in Spain, Italy or England's Premier League.
"There's no reason why he wouldn't succeed," Beckham said.