The 58-year-old, who guided the Hammers to the Premier League last season, is out of contract at the end of the season but has not yet opened talks over extending his stay.
"There's no problem. We'll talk once our Prem status is secure," The Sun quotes Allardyce as saying.
"Some owners pull the trigger early but it is not like that here."
West Ham are currently in 11th place in the table.