The Spaniard has been linked with an exit from Vicarage Road, amid links to Everton and the Whites.
Speaking to BBC Sport, Watford boss Quique Sanchez Flores has revealed that his future will be resolved "very quickly", amid speculation linking him with a summer exit from the club.
Flores's side lost 4-2 at Norwich City on Wednesday night in a defeat which has no real bearing on their season, with the Spanish manager securing the club's Premier League status quite some time ago following what has been a successful first season back in the big time.
By virtue of the job he has done at Vicarage Road, speculation has mounted that other clubs are interested in his services, the 51-year-old being linked to Everton (The Mirror) in recent days and more recently Leeds United, with Steve Evans said to be on the brink (The Star).
"We will resolve my situation very quickly. We have enjoyed the season and the teams at the bottom have fought very hard recently. We didn't have that pressure," he said to BBC Sport following the 4-2 defeat at Carrow Road last night.
Evans has done a good job at Elland Road, comfortably achieving his remit of steering the club away from the relegation zone after replacing Uwe Rosler in October, but owner Massimo Cellino, whose club finished 19 points clear of the bottom three, is expected to part company with the Scot regardless.
In contrast, Everton sacked manager Roberto Martinez as the team continued to struggle under the 42-year-old, whose former side are 12th in the Premier League - level on points with Watford - despite boasting some serious talent in his ranks.
Flores would represent quite a coup for either club, having won the Europa League with Atletico Madrid back in 2010.