The former Aston Villa coach left The County Ground last weekend and Tisdale, the longest-serving boss in the Football League, has been linked with the post.
But Tisdale has distanced himself and reiterated his love for the Grecians.
"I seem to get linked every time. It is my local club I suppose," he told the Express & Echo.
"I get asked this question every time and if anyone is going to persuade me to leave here, then it needs to be good because I love it here. It is a great place to work."