Duncan Ferguson says he won't coach Everton on a permanent basis and insists the club must find the right man for the job.
But the Scot believes he is simply holding the fort until the Toffees can find a replacement.
Ferguson said: "It's buying them a bit of time to get the right man in. With a couple of results, they can make the process more diligent.
"We need the best manager in the world and I've not got the experience. I'm all for us bringing in a top manager and if I can be part of it then great."
Everton face Leicester in the Carabao Cup quarter-final on Wednesday and Ferguson thinks he'll be in charge.
Ferguson, who beat Chelsea 3-1 in his first game, added: "I really don't know about Wednesday but I think I will be.
"It's a quick turnaround for a new guy to come in before Wednesday but I need to speak to the directors and owners. I will do that on Sunday night — they'll confirm it with another statement."