Wolves boss Nuno has ducked talk of taking charge of Arsenal.
Nuno has recently emerged as a leading candidate to replace Unai Emery, as Arsenal's director of football Raul Sanllehi enjoys a close relationship with the manager's agent Jorge Mendes.
But Nuno has refused to comment on something that is not yet a "reality".
"You know me well enough. You know I'm not going to answer about that and mention an issue that is not a reality," said Nuno, when asked to comment on the Arsenal speculation.
"We're doing OK. There is a lot of room to improve as a group as a team. This is what we want to do, all together."
On whether the speculation has affected Wolves' preparation for their Europa League tie with Braga, he added: "It's not a distraction, at all. There are no distractions at all."
