Currently general director at Ajax, Van der Sar remains a popular figure at Old Trafford, having won the Champions League and four Premier League titles during his time with the club.
With United looking to appoint someone to the new role, with responsibilities believed to include revamping the club's scouting system and recruitment team, the Dutchman was quickly installed as one of the favorites
However, the man himself has now described the reports as "nonsense", reaffirming his loyalty to Ajax.
"I saw it (the report) a few weeks ago in the press, but that story about United is nonsense," he told 'Inside Ajax' on 'Ziggo Sport'.
"I think I have a two-year contract. Ajax is my club and I would like to stay longer. The success we strive for and want to achieve is beautiful."
United boss Jose Mourinho alluded to the change last month, saying that he is now more of a head coach than a manager.
"That's football, that's football management, I think football is changing and probably football managers should be called head coaches. I think we are more the head coach than the manager," he lamented.