Tony Pulis refused to respond to the claim that he has failed to repay a penny of the £3.7million he owes Crystal Palace.
The West Brom manager welcomes his former club to The Hawthorns in the Premier League on Saturday amid reports Palace are considering sending bailiffs to recover the debt.
Pulis was ordered to pay damages to Palace by a Premier League Managers' Arbitration Tribunal, which concluded he had "secured early payment of his bonus from the club by deceit" in August 2014. He left that month after avoiding relegation at the end of the previous season.
He had claimed the decision was unfair and mounted a challenge in the High Court but in November judge Sir Michael Burton ruled against him after a hearing in London.
"The situation is the lawyers have told me not to say anything and when the situation is concluded then I will have my say on it," said Pulis.
"I'll let the lawyers do their work. I'm not so sure the Palace fans will be (different towards me). They can make their own mind up. They were fantastic to me and what has happened off the pitch has been really disappointing, but I can't go into it.
"This business has been going on for two and a half years and it's something that is not for me to talk about at the moment and if I said anything I could get myself in trouble, and I don't want to do that.
"All I can say is I had a great time at Palace and the supporters were fantastic to me, especially towards the back end of the season when we got enough points to stay up.
"It was a magnificent season on the football pitch."