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David Moyes will reportedly look to manage a rival Premier League team if West Ham do not offer him a new contract.
The veteran Scottish manager, 60, has been in charge of the Hammers since December 2019.
Last season, he led them to European glory after they defeated Fiorentina to win the Europa Conference League.
While Moyes has no plans to manage elsewhere, West Ham have not yet opened talks to extend his contract.
Former Everton coach David Moyes has been manager of West Ham since December 2019
Moyes, 60, coached the Hammers to the Europa Conference League title last season
Sources close to him suggest he has no interest in taking on a director of football role.
His preference is to also stay at the London Stadium, but if David Sullivan chooses not to keep him at the club he will try to stay in a managerial role in the Premier League.
After a 1-0 win over Olympiacos earlier in the week, West Ham face Nottingham Forest on Sunday.
The Hammers were out for revenge after the Greek side got the better of them in the reverse fixture.
Moyes and his players were reportedly furious that they could hear the Olympiacos players celebrating and cheering from their changing room.
