"At the moment I think I need to stay at Dundee United to progress," he told the Daily Record. "To be the best I can be, I need to be playing first-team games. Playing abroad would be the best culture of football for me to play in.
"If English Premier League clubs came calling now, I would have to think what's best for me four or five years down the line. If I was to go down there, I would have to seriously consider what my chances were of playing first-team football and if I was stuck in the reserves, would I enjoy that?
"I can't just think that it is a big English club and I should jump at the chance to sign for them. I would really need to sit down and weigh it all up and think about what's best for me in the long term."
Gauld has scored five goals in 17 first-team appearances for the Terrors this season.