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The former Wigan Athletic and Everton boss is currently in charge of Belgium and led the national team to a third-place finish in the World Cup over the summer.
The 45-year-old Spaniard has finally broken his silence and responded to rumours linking him with Los Blancos.
"Let us not waste our time about that," he told VTM Nieuws (via Diario AS and Football Espana).
Martínez is contracted with the Belgium FA until 2020, with Football Espana reporting that Belgium would want a 'compensation agreement' before they would be willing to part ways with their manager.
Antonio Conte has been one of the frontrunners for Madrid, though it would seem that there have been certain differences between the former Chelsea boss and the Spanish club.
Former Spain boss Julen Lopetegui was sacked as Madrid manager after the club suffered a 5-1 thrashing from Barcelona in El Clásico.
Real Madrid Castilla coach Santiago Solari has since taken over on a temporary basis.
:rotating_light: MARKET MOVER :rotating_light:- Oddschanger (@Oddschanger) 31 October 2018
From a high of 20/1 yesterday, Roberto Martinez is now as short as 5/2 to be the next Real Madrid manager! ✍️
Would that be one of the most bizarre managerial appointments in history...?!
Cavs since LeBron left:- Bleacher Report (@BleacherReport) 29 October 2018
:x: Last in the East
:x: Coach fired
Real Madrid since Ronaldo left:
:x: 4 wins in 10 league games
:x: 9th in La Liga
:x: Manager fired pic.twitter.com/JYIK04ykS7
14 - Since 1929, the only Real Madrid manager to manage fewer games in all competitions than Julen Lopetegui (14) was Jose Antonio Camacho in 2004 (6). Sacked. pic.twitter.com/tlxXiD2BLW- OptaJose (@OptaJose) 29 October 2018
Who should Madrid appoint as their next manager?
Let us know in the comments.
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