Sánchez Flores is under contract at Espanyol until the end of the current season, with the option of another year on the table if all parties agree.
Last night, the La Liga outfit were involved in Copa Del Rey action, and after the game, Sanchez Flores was questioned as to the reports linking him to the Bet365 Stadium. It's a day for Espanyol, for the club, for the players, it's a day to celebrate for having qualified for the quarters. "I want to continue being happy with my profession".
The 52-year-old is thought to be interested in a return to England, where he enjoyed one season at Watford before being dismissed in May 2016.
"Right now we're not thinking about anything other than today's game and Sunday's match against Athletic [Bilbao]".
Flores has overtaken Martin O'Neill as the club's preferred choice but the Espanyol boss has a decision to make over leaving Spain.
"He was approached by Stoke", Balague said on Off The Ball tonight.
But the 65-year-old said after the Republic lost their World Cup qualifying play-off the following month he would need to have "a real think" about his future, and still nothing has been signed.