There were reports at the weekend that former club Bolton and Blackburn, managed by his old Trotters boss Sam Allardyce, were both looking at snapping up the 28-year-old Senegalese international who has failed to hold down a place at the Stadium of Light since his summer switch.
New Black Cats boss Ricky Sbragia has revealed that he is not looking to offload Diouf and handed him a first start since the 1-0 defeat at Manchester United almost a month ago, in Saturday's 2-1 FA Cup third-round win against Bolton.
However Diouf claims that, while he would be happy to stick with the Black Cats if he is playing on a consistent basis, he will look to leave this month if Sbragia says he is merely a squad player.
He told the Sunderland Echo: "I have had a brief chat with Ricky, but I want to have a longer conversation with him and I'm just waiting to see what happens next. Maybe I will go, maybe I will stay.
"If I get more time on the pitch and am picked more for games, why shouldn't I stay?
"I would want to stay if that happened.
"But if I am not playing and the manager doesn't need me, I would want to go.
"I need to have a proper chat with Ricky and find out what his plans for me are.
"I need to see what he imagines me doing in the second half of the season."
Rovers boss Allardyce and Bolton chief Gary Megson will no doubt be awaiting the outcome of those talks between Sbragia and Diouf to ascertain if it would be worthwhile lodging a bid for the player this month.