Smith has long admitted that he will step down from his job as manager at the club at the end of the current season.
Reports have suggested that prospective new owner of Rangers, Craig Whyte, could offer Smith the position as director of football.
“It certainly wouldn’t be in any sort of footballing position,” explained Smith. “I wouldn’t do that.
“Whatever opportunities come my way, we’ll just have to wait and see.
“I will wait until the end of the season. I finish at the end of the season so that’s where are at the present moment.”
