Birmingham City have rejected an offer from Bolton Wanderers for the services of manager Steve Bruce.
Bruce, 46, confirmed: "It's flattering,"
"My first reaction was obviously they've seen the decent job I've done and I'd like permission to speak to them. That hasn't been granted so I'll accept that.
"As for a couple of weeks ago I asked questions about my own contract here. I've made my feelings perfectly plain with what I'd like to do but until I have my meeting with the prospective new owners then I don't envisage anything will change.
"We have had little bits of dialogue but not a lot. I'm not one for emails, messages or faxes or whatever, I would like to meet the prospective new owners and have a conversation with them and then we all know which way we are going to go."
He added: "I think out of respect for the job I've done here then I've got to be patient,"
"I have got a contract here, I'm not going to go into the realms of what I've done before. I've got a contract here.
"It hasn't been easy but until I can get that meeting fixed up - there's talk that might happen this weekend - we'll see what develops over the next 24-48 hours.
"It is difficult. I can understand the prospective new owners are in Hong Kong, they might be busy with there other stuff so I just have to be patient and wait for the opportunity to speak to them face to face."