Sociedad chief cools Toshack talk
Toshack has coached Real Sociedad on three previous occasions
Real Sociedad president Maria de la Pena has distanced herself from press speculation linking Wales manager John Toshack with a return to the club.
Toshack has managed the Basque side on three separate occasions and would be a popular choice as sporting director.
Sociedad are in turmoil after being relegated from Spain's Primera Liga for the first time in 40 years last season.
"I have heard the rumours, but the press often goes in front of the news," De la Pena told a press conference.
"In the next few days we will inform you of everything and we will give answers."
Sociedad vice-president Luis Ansoalde confirmed they have not spoken with Toshack, who has also coached Real Madrid and Deportivo la Coruna in Spain.
The Football Association of Wales says it has had no approach from Real Sociedad to speak to Toshack, but made it clear an approach for its manager would not be welcomed.
The Welshman is an icon in San Sebastian, where he still keeps a house.
But Toshack is unlikely to quit his job with Wales half-way through his five-year contract and part-way through the rebuilding process he has embarked upon with the national team.
A part-time or temporary role with Sociedad is not an impossibility, but Toshack is more likely to stay concentrated on Wales.
Sociedad are understood to have had discussions with Espanyol's Albert Valentin over that role of sporting director, vacated by Jesus Zamora, while Xabier Azkargorta is another candidate.
The club also needs a new manager as Miguel Angel Lotina is leaving following Sociedad's relegation to the second division, with Salva Iriarte one candidate to take over.
bbc