Manchester City boss Manuel Pellegrini insists he has no immediate ambitions to take up the Chile post.
Pellegrini was asked about the national team job by AS.
"Truth is this is a topic that has brought me more trouble than anything else in recent years," he laughed. "I must be careful, because whenever I say 'yes, I'd love to be', it seems that I was aspiring to a position today which is very well led by Jorge Sampaoli.
"The fact is I have a contract in England and I intend to try to continue in Europe so long as I can guide a competitive team.
"But of course, at some point in the future for me it would be a great end to my career."