The Porcupine Warriors have been without a manager since parting ways with Burkinabe tactician Seydou Zerbo in March.
Kotoko are currently being managed by Abdul Gazale, who was promoted to the role on an interim basis, but the club is still searching for a permanent replacement.
In recent weeks, Appiah has been linked with the Ghana Premier League champions and he has now confirmed that talks have indeed been held.
He was, however, quick to add that he told the club to hold on with any approach since he’s already considering two offers from elsewhere.
“Asante Kotoko has a CEO (Nana Yaw Amponsah) and I can’t go to Manhyia and demand that I should be named the new head coach without the knowledge of the CEO,” Appiah told Kumasi-based Pure FM, as quoted by Ghanaweb.
“I played Asante Kotoko for years and I have been in and out of the club. If there is any assistance I am willing to do that.
“For the past months, I have held talks with Kotoko but I told them to hold on because I received two offers but let us see what happens.”
Meanwhile, Appiah previously played for Kotoko and was part of the side that won the African Cup of Champions Clubs, now known as the CAF Champions League, in 1983.
The 62-year-old also managed the Kumasi-based club from 1995 to 1996.
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