While Andre Villas-Boas has been suggested as a third Portuguese candidate for the Everton job, a friend of the former Chelsea and Tottenham Hotspur manager told Yahoo Sport that there had been no offer from the club.
Everton have failed in an attempt to hire Paulo Fonseca as the English Premier League club's new manager. Allardyce reportedly caught wind that, despite the Toffees' overtures, the club's hierarchy were really interested in Watford boss Marco Silva.
Allardyce was an early candidate to succeed Ronald Koeman, who was sacked on 23 October, but publicly withdrew after Everton delayed making an offer. "So I continue to do what I was asked to do five weeks ago".
However, a run of only one win in seven games under Unsworth, including a 5-1 home defeat to Atalanta and a 4-1 loss at Southampton on Sunday, prompted Everton to resume negotiations with Allardyce over the weekend.
Allardyce has previously indicated interest in the Everton job.
The former England manager, now a free agent, has a fine track record of keeping clubs in the top flight and seems increasingly likely to take the reins at Goodison Park.
It has now been over a month since the dismissal of Ronald Koeman, and having given caretaker manager David Unsworth a fair shot at the job, it is clear that the Merseyside club are in desperate need of a spark and huge boost of confidence.
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Shada is now available to buy as a digital download and is set for release on DVD and Blu-ray on 4 December. He told the BBC, "That's why I can't stay away from it, it was a lovely time of my life".
"I don't think there's a secret ingredient where somebody just comes in and all of a sudden you start winning again".
Watford did not appreciate the timing nor manner of Everton's efforts to take Silva, a manager they believe capable of qualifying their talent-rich squad for European football.
"But if he doesn't get it, he has done a very good job with the under-23s".
"Ginger Mourinho" Sean Dyche is continuing to build on a solid reputation as the Premier League's best British manager, with his Burnley side working wonders this season as they now sit in 7th place.
The Toffees will look to pick up a vital victory tomorrow night when they welcome West Ham to Goodison Park.
When confidence is low, it takes a bit of time to build it back up.