Allardyce, 60, has enjoyed some success at the club, particularly this season with the eighth-placed Hammers, but has also endured a roller-coaster ride at the United helm since taking over in 2011.
His current contract is up at the end of the season but he is happy to leave negotiations until the summer with speculation persisting that he could be replaced in June.
Allardyce told Sky Sports News HQ: “The way the owners go about their business has not changed. They made it clear and plain when we started negotiating.
“While it continues to build up speculation behind the scenes, I have always known that’s the way forward.
“I have never pushed to get them to say what’s going on in the contract situation because they made that perfectly clear since day one, when I joined the football club.
“It was the same when my contract ran out last time, I waited until the end of the season. We’ve stayed in the Premier League and it’ll be the same this time.
“We all understand the situation internally, which is the most important thing.”