Mike Phelan says he has been offered the manager's job at Hull City.
But, with a takeover of the club pending, Phelan's long-term future at the club has been uncertain.
"It's a case now of sifting through the offer and getting down to what hopefully will be further discussions," he told BBC Radio Humberside.
"I don't want to talk about the money, I don't want to talk about what the contract entails because, to be frank, it's nobody else's business.
"You do want parity with the Premier League, and going forward hopefully that's what will happen."
The 53 year old said there was "no great rush" to agree the deal, adding he was focusing on Saturday's Premier League game against Arsenal.
"I would like to have got it done weeks ago," said Phelan.
"But it's only in this last 24 hours we've ended up in this state of affairs with pounds, shillings and pence."
A takeover of the club by a Chinese consortium recently fell through but Chinese-American businessman Chien Lee is reportedly interested.
"There's still the takeover in the background and I find myself in the middle of that, trying to sort out my future," Phelan added.
"I don't know who is involved anymore and how far discussions have gone. It is possibly a frustrating thing from my point of view."